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Ye, then known as Kanye West, holds a Yeezy sneaker while speaking onstage at the Fast Company Innovation Festival in 2019. Brad Barket/Getty Images for Fast Company hide caption

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Brad Barket/Getty Images for Fast Company

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 hide caption

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Evan Agostini/Evan Agostini/Invision/AP