Press Trust of India broke the news on Twitter:
— Press Trust of India (@PTI_News) May 7, 2021
While the majority of users who have received the new terms of service have accepted them, we appreciate some people haven’t had the chance to do so yet.
No accounts will be deleted on May 15 because of this update and no one will lose the functionality of WhatsApp either. We will follow up with reminders to people over the next several weeks.
Despite the comment above, Facebook has not changed its FAQ page about what happens to users who do not accept the update. The support document still says that WhatsApp functionality will be limited after May 15th: