Facebook can now license your private data!

As of 4 Feb 09 Facebook made a change to it’s user terms that reads.

“You hereby grant Facebook an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license (with the right to sublicense) to (a) use, copy, publish, stream, store, retain, publicly perform or display, transmit, scan, reformat, modify, edit, frame, translate, excerpt, adapt, create derivative works and distribute (through multiple tiers), any User Content you (i) Post on or in connection with the Facebook Service or the promotion thereof subject only to your privacy settings or (ii) enable a user to Post, including by offering a Share Link on your website and (b) to use your name, likeness and image for any purpose, including commercial or advertising, each of (a) and (b) on or in connection with the Facebook Service or the promotion thereof.”

So everything you add on Facebook will be archived and kept indefinitely! They can use anything they want to promote Facebook such as your family photos or private posts.

You can delete your profile but the data has already been saved and will be property of Facebook!

Source: FoxNews