Ye, the rapper formerly known as Kanye West, has agreed to purchase the social media site Parler, the company announced on Monday.
Evan Agostini/Evan Agostini/Invision/AP
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Evan Agostini/Evan Agostini/Invision/AP
Ye, the rapper formerly known as Kanye West, has agreed to purchase the social media site Parler, the company announced on Monday.
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Twitter Inc., which has a new CEO and new largest shareholder in Elon Musk, saw its legal chief Vijaya Gadde receive a roughly 130% pay raise in 2021.
Gadde’s total compensation was more than $16.9 million last year, the San Francisco-based company disclosed in a preliminary annual proxy statement filed April 1. That’s up from the roughly $7.3 million she earned in 2020.
The securities filing came before Musk, the high-profile head of Tesla Inc., on Monday became Twitter’s largest investor by taking a 9.2% stake in the company. That move—Musk has recently criticized Twitter’s platform, which he frequently uses for his public musings—sent the social media giant’s share price soaring.
Twitter’s stock price closed Monday at $49.97 per share.
Gadde’s pay surged primarily due…
When sites like Facebook, Twitter and YouTube ban users for violating their terms of service, those individuals often don’t leave social media altogether. Instead, many of these digital deportees flock to alternative sites to meet their online social demands.
Known broadly as “alt-tech,” sites like Gab, Parler and Rumble are best known as harbors for far-right netizens, providing more lax content moderation than their mainstream counterparts. To supporters of these sites, the platforms are seen as bastions of free speech in an online environment dominated by a handful of suppressive corporations. To critics, they willingly house bigotry, antisemitism and white supremacy — with Gab’s founder even openly expressing such views online.
Chand Rajendra-Nicolucci, a research fellow…
One day after getting booted from Amazon’s computing service, Parler has filed suit against the tech giant, claiming it violated the Sherman Antitrust Act in collaborating with Twitter to “kill Parler’s business—at the very time it is set to skyrocket.” Parler went offline overnight Monday, as Amazon Web Services cut off its access to the computing software following a violent insurrection in the U.S. Capitol. Several Parler users had posted messages either encouraging the angry mob, or planning subsequent violence. The lawsuit claims that Twitter colluded with AWS to stifle Parler’s business, and that AWS “silences the millions of Parler users who do not feel their free speech is protected by Twitter or other social media apps.” Parler is seeking to be restored to AWS….