financetom
Business
financetom
/
Business
/
Startup Street: Deciphering WhatsApp's new privacy policy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Startup Street: Deciphering WhatsApp's new privacy policy
Jan 8, 2021 11:37 AM

Facebook backed messaging platform Whatsapp's take it or leave it privacy policy and terms of services hasn't gone down too well with many internet users including Tesla, SpaceX and the Elon Musk who yesterday tweeted, "Use Signal" which is a non-profit run encrypted messaging application.

Ever since this debate has sparked on the internet, messaging platforms like Telegram and Signal is witnessing a huge boost and downloads.

Whatsapp started rolling out its new privacy policy and the biggest takeaway is the fact that going forward Whatsapp will share all the information collected with Facebook and its subsidiaries.

An in-app notification alerted users that in order to continue using the app, the only choice that they have is to accept the new terms which will come into force by February 8 2021 and if you don't like it you can delete your account.

To discuss what is really irking users with this new policy, Startup Street spoke to Prabhu Ram of CyberMedia Research.

Also watch Startup Street in conversation with Mayur Shetty, CEO of Blackfrog Technologies - a Manipal-based startup, which has been in discussions with the government to deploy its cold chain vaccine delivery product when the COVID vaccination drives begins.

Watch the video for more.

(Edited by : Abhishek Jha)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GM to produce lower-cost battery cells at Tennessee plant
GM to produce lower-cost battery cells at Tennessee plant
Jul 14, 2025
DETROIT (Reuters) -General Motors ( GM ) is planning to produce lower-cost battery cells at its joint-venture plant with South Korea's LG Energy Solution in Tennessee. The Detroit automaker is rolling out production of lithium-iron-phosphate (LFP) batteries, a technology that is gaining popularity at other automakers in the U.S. including at cross-town rival Ford Motor ( F ). GM will...
Volvo Cars books $1 billion impairment charge due to launch delays, tariffs
Volvo Cars books $1 billion impairment charge due to launch delays, tariffs
Jul 14, 2025
STOCKHOLM (Reuters) -Sweden-based Volvo Cars will book a one-off, non-cash impairment charge of 11.4 billion Swedish crowns ($1.19 billion) in the second quarter, it said on Monday. Volvo Cars is adjusting the financial assumptions for the EX90 and ES90 platform, due to previous launch delays and new import tariffs in several markets, it said in a statement. ($1 = 9.6103...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Troops Unit to Acquire 49% Stake in Co-Working Space Operator
Troops Unit to Acquire 49% Stake in Co-Working Space Operator
Jul 14, 2025
11:06 AM EDT, 07/14/2025 (MT Newswires) -- Troops (TROO) said Monday its Giant Connection unit has signed a letter of intent with World Honor to acquire 49% of Work, a co-working space operator based in the British Virgin Islands with operations in Taiwan. The agreement includes an option allowing Troops to purchase the remaining 51% in the future, the company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved