Teens are bored with Facebook, but Mr Zuckerburg needn't be worried

According to this article on Business Insider, teens are losing interest in Facebook and they're seeking a more private, intimate place to share with close friends. (Let's face it if your Dad's on Facebook, it can't be cool!)

Instead they are becoming obsessed by Instagram and Snapchat. Fortunately for Facebook, Mr Zuckerberg personally negotiated the purchase Instagram for sweet $2bn in April 2012 (see TheNextWeb article on the acquisition story).

Instagram and Facebook mess up on digital ownership

Two days ago, I mentioned Facebook's desmise in my post about Digital Lockers and Personal Digital Identity, most probably due to its clumsy / haphazard approach to users' privacy.

And lo, barely had I hit submit, when Instagram (owned by Facebook) changed its T&Cs to grant Instagram licensing rights to sell all photographs taken by the application. (From the Register: Don't use Instagram, it'll sell YOUR photos)

The reactionary vitriol from its user base demanded that Instagram did an about turn within 24 hours:

Instagram users own their content and Instagram does not claim any ownership rights over your photos. Nothing about this has changed. We respect that there are creative artists and hobbyists alike that pour their heart into creating beautiful photos, and we respect that your photos are your photos. Period.

Blog post by Kevin Systrom co-founder, Instagram

Sigh - what a horrible embarrassment. Will Facebook ever learn???