You're missing the point. Petty theft is bad but petty thieves don't deserve capital punishment. Similarly, those tweets are bad but King didn't deserve to be canceled for them.
Is it considered petty theft by all the victims of the latest racist mass shooting in NYand their friends and families?
King literally dehumanized Black women thus making it sound like its okay to kill them in cold bloaod and livestream it. There would be no deterrence for that if people didn't find it unacceptable.
By the same metric you should also not hold the reporter who revealed the racist tweets responsible for the actions of Anheuser-Busch and other companies. He didn't do the canceling.