The Emerging Social Media Pinterest has updated their Terms of Services. Pinterest gives up the right to sell users content.
The Pinterest Blog post says,
Our original Terms stated that by posting content to Pinterest you grant Pinterest the right for us to sell your content. Selling content was never our intention and we removed this from our updated Terms.
And, Pinterest is preparing its API and private pinboards.
Pinterest rapidly reaches and passes 12 million users. And, 80% of the Pinterest users are women.