Instagram, which was acquired by Facebook in September, just posted an interesting update on its blog confirming plans to share data on users with Facebook, the #1 social network that claims nearly one billion users worldwide. Instagram's updated Terms of Service and Privacy Policy will go into effect starting January 16 to enable deeper integration between the two service, making it easier to "fight spam more effectively, detect system and reliability problems more quickly and build better features" for everyone by understanding how Instagram is used.
Under the new terms, Instagram can also share User Content and your information with businesses that are "legally part of the same group of companies that Instagram is part of". In other words, Facebook now has access to Instagram user data. The social networking behemoth is allowed to use this information to "help provide, understand and improve" both its own and Instagram's service...