WhatsApp to delay update after storm of concern over privacy policy

(Reuters) – Facebook Inc’s WhatsApp is delaying an update aimed at increasing business transactions on the platform after a storm of concern from users who feared that the messaging platform was watering down its privacy policy in the process. WhatsApp users received a notification this month that it was preparing a new privacy policy and terms, and it reserved the right to share some user data with the Facebook app. “This update does not expand our ability to share data with Facebook,” it said in a statement. Facebook acquired WhatsApp for $19 billion in 2014 but has been slow to monetize it. (Reporting by Katie Paul in San Francisco and Munsif Vengattil in Bengaluru; Additional reporting by Elizabeth Culliford; Editing by Shounak Dasgupta and Cynthia Osterman)Related article: WhatsApp ambitions for India thwarted by privacy policy backlash

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