Facebook Owned Photo App Giant Calls Back Policy
Updated On: Dec 19 2012 04:11:49 AM CST
The photo sharing app Instagram announced a new policy on Monday that would let the company use and sell your personal photos.
It meant a business could have paid Instagram for a user's photo and they wouldn't even have to compensate them.
Instagram was purchased by Facebook earlier this year for $1 billion dollars.
Now that Facebook is publicly traded company it needs to generate more revenue to turn a profit. We caught up with North State web guru, Rocky Slaughter who says that's one reason for the policy change, but sometimes companies will change policies to test the waters with their consumers. Slaughter calls the tactic, "Anchoring."
"It's a very common technique called anchoring where Facebook, Instagram, any of these networks put out a ridiculous policy, take it back a couple inches and then say we listened," said Slaughter.
On Tuesday, Instagram announced that they have no plans to implement the new policy.
KRCR News Channel 7 spoke with several people Tuesday night who said despite the policy change, they had no plans on cancelling their service.
The new policy would have taken effect on January 16th, 2013.
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