Connect with us

News

WhatsApp Decides Not To Limit Users Who Don’t Accept Its New Privacy Policy

It seems that the backlash has been strong enough to make executives at Facebook reconsider their decisions because the latest announcement from the company contradicts the previous one.

Published

on

whatsapp decides not to limit users who don't accept its new privacy policy

This year in February, Facebook-owned WhatsApp stated in an FAQ on its website that users who didn’t accept its new privacy policy by May 15th would lose access to certain features, such as the ability to send or read messages from the app.

The announcement sparked a wave of protests on Facebook, Twitter, and other social media platforms, with some users threatening to leave the messaging and voice-over-IP service app for more privacy-oriented alternatives, such as Signal, Telegram, or Threema.

It seems that the backlash has been strong enough to make executives at Facebook reconsider their decisions because the latest announcement from the company contradicts the previous one.

“Given recent discussions with various authorities and privacy experts, we want to make clear that we will not limit the functionality of how WhatsApp works for those who have not yet accepted the update,” said a WhatsApp spokesperson in a statement to The Verge.

whatsapp new privacy policy update

WhatsApp

One reason why the new policy caused so much outrage was that many WhatsApp users believed that they would be required to share their phone numbers and other sensitive information with various third parties.

In reality, the policy update affects mainly businesses using the platform to sell their goods and services using the messaging app, allowing them to see what you’re saying and use this information for their own marketing purposes.

“We will continue to remind users from time to time and let them accept the update, including when they choose to use relevant optional features like communicating with a business that is receiving support from Facebook,” the WhatsApp spokesperson added.

The entire rollout of the policy update has been mishandled, to say the least, with WhatsApp seemingly not fully realizing how much more security and privacy-oriented have its users become since the messaging app started sharing user data with Facebook in 2016.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 17K+ SUBSCRIBERS

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

Published

on

binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.

Continue Reading

#Trending