Razer Phone update adds Portrait Mode, new privacy policy for GDPR compliance

The most important new feature is the addition of the new Portrait mode, which is supposed to allow Raze Phone users to “take fantastic Portrait shots.” Furthermore, the Privacy Policy has been updated for GDPR compliance, which will be effective beginning May 25.
Finally, Razer has decided to include the May security patch along with the update, so Razer Phone owners should be up to date with the security updates that Google releases each month. The update is deployed in waves, so if you see a notification on your phone, then you can go ahead and download it, otherwise, you'll have to wait a few more days.
source: XDA Developers