Facebook (FB) Grants Itself Right to Sell User's Photos
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Just when investors were hopeful Facebook (Nasdaq: FB) was out of the woods, the company announces another user unfriendly corporate policy that has set the twitter-sphere ablaze – Zukerberg & Co. is going to claim rights to user's Instagram photos without pay or notification.
According to reports in CNET, the new policy goes into effect on January 16th, and unless users delete their accounts they can't opt out.
On the bright side, Facebook is about to become the largest stock photo agency in the world.
That or . . . well, we'll just wait for users' reaction. News of the policy change broke this morning, and it is still making rounds. So far comments are decidedly negative.
Facebook has yet to respond to the CNET article.
According to reports in CNET, the new policy goes into effect on January 16th, and unless users delete their accounts they can't opt out.
On the bright side, Facebook is about to become the largest stock photo agency in the world.
That or . . . well, we'll just wait for users' reaction. News of the policy change broke this morning, and it is still making rounds. So far comments are decidedly negative.
Facebook has yet to respond to the CNET article.
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