Instagram Co-Founder: We Respect That Your Photos Are Your Photos. Period. %u2013 Droid Life.
The statement that Instagram respects its users and that it doesn't claim any ownership rights, and that they are just introducing an ad system to make money off of people's usage of the service. So let me get this straight. We respect your ownership of your photos; but, we are still going to use them to make money for ourselves. And, we will change the Terms of Service to permit that. My only question is: will they respect me in the morning?