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How Threads’ privacy policy compares to Twitter’s (and its rivals’) - Ars Technica
(arstechnica.com)
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In addition to the Meta/FB policy, there is also a Threads Supplemental Privacy Policy.
It states that data from interactions on Threads from Third Party servers is collected to improve Meta/FB services including post content, post actions, public user profile and IP Address.
That in itself isn't unthinkable or unexpected, but the implication of Threads using all of our interaction data for their own specialized tracking purposes makes me uncomfortable, so I'm glad many Fediverse servers supporting blocking interactions with Threads servers.