Social media platform Parler gets backing from Mercer family

Platform Industry: President Trump, Social Media, Section 230 and Fake News

Social networking platform Parler, that styles itself as a “free speech-driven” area, gets funding from hedge-fund investor Robert Mercer along with his daughter and conservative activist Rebekah, the Wall Street Journal has reported.

American social media users have flocked to Parler, messaging app, Telegram and hands-off social website Gab, citing the more aggressive form of political opinions on mainstream platforms like Twitter and Facebook.

Parler CEO John Matze, who describes himself as libertarian, has stated he founded the company in 2018 as a bipartisan platform but has doubled back on advertising to conservatives as they took to the website.

People who have combined include commentator Candace Owens, President Trump’s attorney Rudy Giuliani and right-wing activist Laura Loomer, who handcuffed himself into the doorway of Twitter’s New York office in Nov. 2018 to protest a ban on her by the site.

“John and I started Parler to provide a neutral platform for free speech, as our founders intended, and also to create a social media environment that would protect data privacy,” Rebekah said in a post on Parler.

“The ever increasing tyranny and hubris of our tech overlords demands that someone lead the fight against data mining, and for the protection of free speech online,” she added.

Related Article:
ByteDance gets 15-day extension on US order to divest TikTok

The organization’s user base more than doubled to 10 million under a week, making it hard for the roughly 30-person staff to stay informed about the newest sign-ups, according to the WSJ.

The team at Platform Executive hope you have enjoyed this news article. Initial reporting via our official content partners at Thomson Reuters. Reporting by Rama Venkat in Bengaluru. Editing by David Gregorio.

Stay on top of the latest developments across the platform economy and gain access to our problem-solving tools, proprietary databases and content sets by becoming a premium member. Subscription plans start at under $7 per month.

Share this article