Instagram wants right to sell users' photos to advertisers
So if you don't delete your photos by 16 Jan. they get to sell your photos for profit without your approval...
Source article at: http://www.bbc.co.uk/news/technology-20767537
On reading the new policy at
There are 2 main problem points:
Parties with whom we may share your information:
* We may share User Content and your information (including but not limited to, information from cookies, log files, device identifiers, location data, and usage data) with businesses that are legally part of the same group of companies that Instagram is part of, or that become part of that group ("Affiliates"). (like Facebook)
Parties with whom you may choose to share your User Content:
* Any information or content that you voluntarily disclose for posting to the Service, such as User Content, becomes available to the public, as controlled by any applicable privacy settings that you set. To change your privacy settings on the Service, please change your profile setting. Once you have shared User Content or made it public, that User Content may be re-shared by others.