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Facebook will own your Instagram photos.


Facebook owns Instagram, the popular and easy tool many people us to share photos. Instagram recently announced that it has the right to sell photos taken by its users without providing them payment or even notification.

The good news: you can still use Instagram to share your photos.

The bad news: you might see your photo on an ad for Coke and not see a nickel.

The changes go into effect January 16.

Read more from CNET here.

12/19 update: Instagram says photos won't be used in ads. Read more from CBS.