The social media world was up in arms earlier this week, when Instagram released their updated terms of service…one that basically insinuated they’d be selling any of our photos, our information, our location and etc. to advertisers if they so please to. Now the company’s co-founder is in total damage control, and has released an announcement that explains we all just simply misinterpreted their language. He also promises an updated TOS is on its way. Not sure if he’s just saving face or they really did just word it poorly, but the people have won this one either way!