VARINDIA IT MAGAZINE

WhatsApp makes Facebook Data Sharing mandatory updating service & Privacy Policy:  WhatsApp  has updated its privacy policy and terms of service to better integrate with other products and services offered by its parent company  Facebook . The most prominent changes deal with how WhatsApp shares information with Facebook and its subsidiaries.   The instant messaging app can now share phone numbers and transaction data with Facebook. The aim is to also promote safety. “As we’ve previously informed in October 2020, as part of WhatsApp’s business vision, in order to enable users and businesses better, we are updating our terms of service and privacy policy as we work to make WhatsApp a great way to get answers or help from a business. Privacy policy and terms updates are common in the tech industry, as you know. Respect for your privacy is coded into our DNA. Since we started WhatsApp, we’ve built our services with a set of strong privacy principles in mind.” , said a WhatsApp spokesp

Nykaa may come up with an IPO this year:  The beauty startup company, Nykaa   is planning for an initial public offering this year. As per the people familiar with this matter, this may value the company at a minimum $3 billion.   According to the sources, the  founder of the company Falguni Nayar  is working with advisers to prepare for the share sale in Mumbai. Nykaa is leaning toward a domestic listing, though an overseas share sale is also under consideration, said the sources.   Deliberations are ongoing and details of the offering including the size and timeline could change, the people said.   Nykaa was founded in the year 2012 and the platform offers over 1,200 brands ranging from makeup, skincare to health supplements and hair dryers.   Nykaa counts TPG and Indian tycoon Sunil Munjal’s family office Hero Enterprise among its backers. In November, Fidelity Management and Research Co. invested an undisclosed amount in Nykaa’s latest funding round. The startup is among companies