Photo sharing site Instagram has backed away from a plan to grant itself a right to sell millions of images posted by its users around the world.
Despite its change of heart, Instagram, which has more than 30 million user accounts, faces a fight for its survival and credibility after users including Hollywood stars pulled the plug on their accounts.
Source:
http://www.theaustralian.com.au/australian-it/instagram-co-founder-kevin-systrom-says-the-sites-intentions-had-been-misinterpreted/story-e6frgakx-1226540705896