The New York Times reports that late Thursday Kevin Systrom, Instagram’s co-founder said, that where advertising was concerned, the company would revert to its previous terms of service that have been in effect since October 2010.
Systrom wrote, “Rather than obtain permission from you to introduce possible advertising products we have not yet developed, we are going to take the time to complete our plans, and then come back to our users and explain how we would like for our advertising business to work.”
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New York Times Blog.