Looks like all these cool apps we have on our phone are really getting greedy. Now that Facebook has acquired Instagram, they’re planning on using what you do on the app for ad revenue, without paying you. Here are the new guidelines pretty much stating that anything you do on Instagram can be used to generate ad revenue without stating which content is being used. Click HERE for more info.
1. Some or all of the Service may be supported by advertising revenue. To help us deliver interesting paid or sponsored content or promotions, you agree that a business or other entity may pay us to display your username, likeness, photos (along with any associated metadata), and/or actions you take, in connection with paid or sponsored content or promotions, without any compensation to you. If you are under the age of eighteen (18), or under any other applicable age of majority, you represent that at least one of your parents or legal guardians has also agreed to this provision (and the use of your name, likeness, username, and/or photos (along with any associated metadata)) on your behalf.
2. You acknowledge that we may not always identify paid services, sponsored content, or commercial communications as such.
Looks like Jay-Z just got tuition for 10 more kids if he wants it. Both him and Kanye West were paid 4 Million Pounds to perform in Dubai for a Sweet 16 birthday party. They were asked to play all of their “Watch The Throne” hits for the daughter of a rich oil family. Wondering how much 4 million pounds is? Well it converts to about $6,265,737.32 USD so they pocketed $3 mill each. What’s 50 grand to a muthaf*cka like me can you please remind me?