instagram:

Yesterday we introduced a new version of our Privacy Policy and Terms of Service that will take effect in thirty days. These two documents help communicate as clearly as possible our relationship with the users of Instagram so you understand how your data will be used, and the rules that govern…

Instagram responds to the backlash against Instagate, in which new Terms of Service suggested they could sell user photos to advertisers:

"To be clear: it is not our intention to sell your photos. We are working on updated language in the terms to make sure this is clear."