Parler is a social media app where people can talk and share things. It became very famous because some people used it to plan a big protest on January 6 that was not nice. Because of this, Apple and Google took Parler off their app stores. This made Parler lose a lot of money and workers. Now, Parler is trying to come back, but only for some people who get special invitations. They hope to be available for everyone soon. Read from source...
- The title is misleading and sensationalist. Parler is not "infamous" for hosting Jan. 6 content, but rather for being a conservative alternative to mainstream social media platforms.
- The article fails to provide any evidence or examples of how Parler facilitated the Jan. 6 violence or incited its users to commit crimes. It relies on vague statements from Apple and Google without questioning their motives or validity.
- The article ignores the fact that other social media platforms, such as Facebook
, also hosted and amplified false or inflammatory content related to the Jan. 6 event, but were not held accountable or punished by app store operators. This suggests a double standard and potential bias against Parler.
Given that Parler is back on Apple App Store after a year, it could be an interesting opportunity for investors who are looking for social media stocks or platforms that cater to conservative audiences. However, there are also significant risks involved in investing in such a company, especially considering its controversial past and the potential legal challenges it may face.
If you are interested in investing in Parler's parent company, Parlement Technologies, or other social media stocks, here are some recommendations:
1. Buy Apple Inc. (NASDAQ: AAPL) - This is a long-term buy recommendation for Apple, as the company has a strong brand reputation, diverse product portfolio, and loyal customer base. Apple's services segment, which includes the App Store, is also growing rapidly and provides a stable source of revenue. However, keep in mind that Apple's stock price may be affected by factors such as supply chain issues, competition from other tech giants, and regulatory scrutiny.
2. Buy Facebook Inc. (NASDAQ: FB) - Facebook is another social media giant that has a massive user base and dominates the online advertising market. The company also owns Instagram and WhatsApp, which provide additional growth opportunities. However, like Apple, Facebook faces challenges from regulators, privacy concerns, and the rise of TikTok as a competitor.
3. Buy Twitter Inc. (NASDAQ: TWTR) - Twitter is a popular platform for news, politics, and social commentary, and has been gaining momentum in recent years. The company's user base has been growing steadily, and it has also launched new features such as Spaces, which allow users to join live audio conversations. However, Twitter may face similar issues as Facebook and Apple, such as content moderation, misinformation, and regulatory scrutiny.
4. Buy Alphabet Inc. (NASDAQ: GOOGL) - Google's parent company, Alphabet, is a diversified conglomerate that owns several businesses, including Google Search, YouTube, and Google Cloud. The company has a strong presence in the digital advertising market, and its cloud services are also growing rapidly. However, Alphabet may be affected by antitrust lawsuits, privacy concerns, and increased competition from Amazon Web Services and Microsoft Azure.
5. Buy Spotify Technology SA (NYSE: SPOT) - Spotify is a leading music streaming platform that has over 300 million users and a large library of songs and podcasts. The company has been expanding its reach through acquisitions, such as Podz, which helps users discover new podcasts