Is this for real or a scam...???

PayPal
Notice of Policy Updates

Dear.....

Soon, PayPal will separate from eBay Inc. and the two companies will operate as distinct organizations. In preparation for this separation and to ensure we continue providing you with the same great service, we're updating PayPal's User Agreement, Acceptable Use Policy, and Privacy Policy. Although we have updated the Privacy Policy to highlight how we will share data with eBay after separation, our focus on protecting your data is not changing. All of the above mentioned updates will go into effect on July 1, 2015.