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    FG lists 4 border points in Ukraine Nigerians can cross to safety

    FG denies JSS1 admission age rumors, confirms 10-year minimum

    FG approves 300% increase in electricity tariff

    Enugu State Electricity Regulator lacks power to reduce electricity tariff – NERC

    UK bans Nigerian students and others from bringing family

    UK stops issuing new Health and Care Worker visas to foreign workers

    Trump wins a resounding victory in first Republican primary in Iowa

    Trump secures U.S. – Japan strategic trade and investment agreement

    Plane crash in Russia kills all people on board

    Plane crash in Russia kills all people on board

    Nigeria: Status of China loans and the satellite lost in space due to power failure

    11 commercial banks exceeded 5% regulatory limit for non-performing loans

    Africa refines only 40% of its daily crude oil consumption, lose US$90bn annually – Dangote

    Africa refines only 40% of its daily crude oil consumption, lose US$90bn annually – Dangote

    Bangladesh air force training jet crashes into school campus

    Bangladesh air force training jet crashes into school campus

    EERC issues new tariff: Band A customers to pay N160 per Kwh

    EERC issues new tariff: Band A customers to pay N160 per Kwh

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    • Companies
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    Mariya Aliko Dangote joins the Board of Directors of Dangote Cement Plc

    Mariya Aliko Dangote joins the Board of Directors of Dangote Cement Plc

    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    Ellah Lakes Plc EGM: ₦250bn capital raise and debt-to-equity conversion approved

    Any refinery with more than 50,000 barrels per day capacity must sell minority share to NNPC – Muhammadu Buhari

    Aliko Dangote retires as Director and Chairman of Dangote Cement Plc

    VFD Group Plc gives notification of the meeting of the Board of Directors

    VFD Group Plc gives notification of the meeting of the Board of Directors

    Transcorp Hotels Plc declares 10 kobo interim dividend for H1 2025

    Transcorp Hotels Plc declares 10 kobo interim dividend for H1 2025

    Dangote Cement and Airtel Africa Plc push Nigerian Stock Market to 0.21% gain

    Airtel Africa Plc posts US$1.41bn for Q1 2026, US$333m from Nigeria

    Capital Hotels Plc gives update on voluntary delisting

    Ikeja Hotel Plc cancels Annual General Meeting

    The Okomu Oil Palm Company Plc to reward its shareholders with N8.00 dividend

    Okomu Oil declares ₦30.00 interim dividend for H1 2025

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    Academy Press Plc announces 15 kobo final dividend, declares share bonus

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    Nigerian Exchange – Stock Market report for the week ended 7th July, 2023

    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

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WhatsApp panics as it loses millions of users over terms update

Tuesday, 26 January 2021, 8:56 pm
in Business, Companies
0
WhatsApp panics as it loses millions of users over terms update
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WhatsApp has been forced to delay the implementation of the new privacy policy which it announced earlier this month, as users exited the messaging app for alternatives like Signal and Telegram.

WhatsApp had given users until February 8, 2021, to accept the new officially updated terms of service and privacy policy to continue using the messaging platform or to delete their account.

However, the mass exodus from WhatsApp amid backlash from users pushed the messaging app into shifting the deadline to May 15, 2021, and to running a damage control campaign to explain to users the changes they were making.

Data tracked by the analytics firm App Annie shows WhatsApp falling from the eighth most downloaded app in the UK at the beginning of the month to the 23rd by 12 January.

By contrast, Signal which wasn’t even in the top 1,000 apps in the UK on 6 January, yet by 9 January it was the most downloaded app in the country.

  • Read: ‘Signal’ an alternative to WhatsApp –  Features and all you need to know
  • Visit Investogist’s homepage for more articles

The new privacy policy goes into detail on how WhatsApp shares information with Facebook, which was not there in the earlier version, at least in this new expanded form.

Facebook has said that it will not access those messages for any type of ad targeting, but language in the updated terms of service concerned many users who worried that Facebook would suddenly see their private messages.

“We want to be clear that the policy update does not affect the privacy of your messages with friends or family in any way,” WhatsApp said in an update posted to its site, which it is paying to advertise on Google under searches for “WhatsApp privacy policy”

“We’ve heard from so many people how much confusion there is around our recent update,” the company wrote in a blog post. “There’s been a lot of misinformation causing concern and we want to help everyone understand our principles and the facts.”

“While not everyone shops with a business on WhatsApp today, we think that more people will choose to do so in the future and it’s important people are aware of these services,” the company wrote. “This update does not expand our ability to share data with Facebook.”

Niamh Sweeney, WhatsApp’s director of public policy for Europe, the Middle East and Africa, said that the exodus was believed to be related to the update to the company’s terms of service. She said that update was intended to do two things: enable a new set of features around business messaging, and “make clarifications and provide greater transparency” around the company’s pre-existing policies.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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