Messaging app WhatsApp has asked its some two billion users to accept new terms that will allow it to share more information with its parent company, Facebook. AFP
Messaging app WhatsApp has asked its some two billion users to accept new terms that will allow it to share more information with its parent company, Facebook. AFP
Messaging app WhatsApp has asked its some two billion users to accept new terms that will allow it to share more information with its parent company, Facebook. AFP
Messaging app WhatsApp has asked its some two billion users to accept new terms that will allow it to share more information with its parent company, Facebook. AFP

The best WhatsApp alternatives: Signal, Telegram and other messenger apps to try


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The founders of WhatsApp never meant for it to be this way.

When Brian Acton and Jan Koum launched the messaging app 11 years ago, Acton’s motto was: “No ads, no games, no gimmicks." He wanted their aims to be transparent and the needs of users to be put first. Koum, who grew up in the Eastern Bloc in the 1980s, had a very personal commitment to making his app private and secure.

Today, however, Acton and Koum are long gone, and WhatsApp is engulfed in another row over privacy. Changes to the app's terms of service, which state that information gathered by WhatsApp will be shared with Facebook, have caused consternation and confusion. The truth about which data stays private and which doesn't is either buried in pages of legalese, or being revealed in short emailed statements to enquiring journalists. People don't know where they stand, and many are bailing out.

It was evident when Facebook bought WhatsApp for $19 billion in 2014 that it would make for an uneasy partnership. Shortly after the purchase, WhatsApp rolled out advanced end-to-end encryption, ensuring that only you and the recipient could see messages, and they’d be invisible to the companies themselves.

This would, on the face of it, be an anathema to Facebook, whose business model is predicated upon using its knowledge of your habits to serve you things you want to see (at least in theory).

But today, WhatsApp messages are still secure; end-to-end encryption still exists and your communications can’t be read by a third party. It does, however, reserve the right to collect other information, such as when and how you use the service, your location, contacts, transaction and payment data. And that’s the information which is making its way back to Facebook.

"WhatsApp is great for protecting the privacy of your message content," said cryptographer Matthew Green in interview with technology magazine Wired. "But it feels like the privacy of everything else you do is up for grabs."

In truth, WhatsApp has been sharing this information with Facebook for years unless you explicitly opted out. These new terms of service just shine a spotlight on it.

WhatsApp has now clarified that the opt-out will stay in place for those who chose it and nothing fundamental will change for anyone else, either. The new terms of service, they say, merely allow businesses you chat to on WhatsApp to use Facebook infrastructure to store those conversations, rather than have to store them themselves. What this means in practice isn’t yet clear; what is evident is that the privacy-conscious are actively exploring other options.

Here are five of them.

Signal

epa08925442 (FILE) - Tesla and SpaceX CEO Elon Musk (R) gives a statement at the construction site of the Tesla Giga Factory in Gruenheide near Berlin, Germany, 03 September 2020 (Reissued 07 January 2021). According to reports on 07 January 2021, Tesla and SpaceX CEO Elon Musk became the world richest person with a net worth of more than 185 billion US dollars, surpassing Jeff Bezos, CEO of Amazon, who is currently worth 184 billion US dollars. EPA/ALEXANDER BECHER *** Local Caption *** 56315718
epa08925442 (FILE) - Tesla and SpaceX CEO Elon Musk (R) gives a statement at the construction site of the Tesla Giga Factory in Gruenheide near Berlin, Germany, 03 September 2020 (Reissued 07 January 2021). According to reports on 07 January 2021, Tesla and SpaceX CEO Elon Musk became the world richest person with a net worth of more than 185 billion US dollars, surpassing Jeff Bezos, CEO of Amazon, who is currently worth 184 billion US dollars. EPA/ALEXANDER BECHER *** Local Caption *** 56315718

"Use Signal," tweeted entrepreneur Elon Musk on Thursday as WhatsApp's new terms of service were unveiled. This exhortation caused a surge of people to join the platform and temporarily caused its sign-up process to become overloaded.

Signal is an obvious alternative: it’s open source, funded by grants and donations, run by a foundation rather than a tech giant, and has long been used and admired by privacy activists. All your messages (and even stickers!) are end-to-end encrypted, and the only information the company has about you is your phone number. It can’t share any data with anyone, because it has nothing to share.

Telegram

With a centre of operations based in Dubai, Telegram already has somewhere approaching half a billion users, attracted by its visual similarity to WhatsApp, the ability to transfer large files, and its “Secret Chat” mode, which uses its own high-grade encryption system.

However, outside Secret Chat, there is no end-to-end encryption, and the app “may” (according to its terms of service) collect similar metadata to the kind collected by WhatsApp.

Just before Christmas, founder Pavel Durov indicated that he is planning to start monetising the app. What shape this takes, and whether it will involve a form of advertising, isn’t yet known.

Threema

As the saying goes, “if a service is free, then you are the product”. Threema gets around the tricky problem of monetisation by charging for its app.

Popular in Germany, Austria and Switzerland for many years, it features the usual end-to-end encryption, but also allows you to create an account without providing an email address or phone number, making your usage of the service completely anonymous.

However, its user base outside Europe is relatively small, so you'll have to persuade friends to sign up for it to be useful.

Element

Formerly called Riot, and before that Vector, Element’s interface may not be as slick and user-friendly as those of its competitors, but it makes use of the Matrix protocol, which boasts of being “open source, decentralised and secure".

What that means, in practice, is that all messages can be sent using end-to-end encryption but also, thanks to “bridges” provided by the Matrix community, you can send messages to users of other services, eg iMessage, Facebook Messenger, Skype and WhatsApp itself.

Wickr Me

One of two messenger apps authorised for use by the US military (the other being Signal), Wickr Me is the younger brother of Wickr, an app directed at security-conscious businesses.

Again, you don’t need a phone number or email address to sign up, messages are end-to-end encrypted, and all content is ephemeral, ie sent messages and attachments self-destruct after a set period of time, whether received or not.

This could be problematic if the recipient doesn’t read the message before it disappears, but it is reassuringly private.

RESULTS
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Persuasion
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Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London

The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

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