Revise privacy and ToS documents

[ghost]

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[shreyas-satish]

And Fifth Elephant.

[CLAassistant]

Thank you for your submission! We really appreciate it. Like many open source projects, we ask that you all sign our Contributor License Agreement before we can accept your contribution.
1 out of 4 committers have signed the CLA.

✅ jace
❌ Sindhu S
❌ shreyas-satish
❌ karthikb351

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