This issue has got more attention when Elon Musk talked about the signal app. Facebook is one of the companies playing with sensitive information for long and sharing WhatsApp data with Facebook is something that made people raise their voice of disagreement.
Looks like WhatsApp understood the current situation and they have announced the delay in the policy update. Now they have given a new date as 15 May from Feb 8, 2021.
Whatsapp posted a tweet today announcing this delay in the update and accounts will keep on working as usual until 15th May. Whatsapp will also try to communicate and clear the solution as per them in the interim and further updates will be shared later.
I think that WhatsApp has to understand that they should not have any data in the public domain or with Facebook because they can not think of earning money this way. At the same time, govt should also bring regulation so that companies like Facebook, etc don't dare to announce something that takes our privacy away. This is not ethical practice and if they do then they must face the issues and have a probability to get banned in the country.
I am going to use WhatsApp until May or unless I get any notification for account suspension. I have also downloaded signal and can see every day some of my friends are moving so I believe that after some time many will move and this transition will not be a big issue.
Thank you so much.
Have a great weekend.