I shall start with a question – if you use a Meta product have you read the terms and conditions or privacy policy?
If so did you understand everything?
The company says it is updating the privacy policies to make them more understandable by the users – not because they are going to collect and share more data about their users.
Facebook owner Meta updates its privacy policy – BBC News
These new conditions will come into force at the end of July this year. May be it is just Meta trying to get out ahead of the various regulatory changes promised by various governments around the world – including the UK Government.