Social media app Parler buys cloud-services provider

Parler, a social media app popular with US conservatives, said on Friday it has bought a cloud-services provider and is restructuring its business to focus on customers who run the risk of being pushed off the internet.

As part of the overhaul, Parler said it has created a new parent company, Parlement Technologies Inc, and the new firm has completed a fundraising round for $16 million, for a total of $56 million in funding to date.