I'm not terribly surprised by this announcement, but what is surprising is the lack of groundswell so far, along with threats of lawsuits, boycotts and so on.
They would almost have to be kidding, right? Read the details-- they can use your Instagram pictures in ads and sell them to others without your consent. They can use and re-post pictures of minors. They can sell your posted content. To top it off, there is no opt out option or decline button for this new policy either, which takes effect this month. Well, there is only one way out- cancel your account.
I wonder how many people are going to be voting with their feet...
http://bits.blogs.nytimes.com/2012/12/17/what-instagrams-new-terms-of-service-mean-for-you/
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