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It is quite surprising to me that you actually DO read through the terms and conditions.  |
I always read those...
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Yes, it is true that we gave up our rights on certain stuff that we posted on facebook
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It's not just certain stuff, but actually all stuff uploaded and posted there.
And what makes their terms a bit different from most other similar sites is that they still have rights to keep copies/backups of everything even if you've deleted it or closed your account...