A huge topic of news yesterday on the social side of things was the new policy Instagram announced in regards to their ownership of YOUR photos. CNN’s Richard Quest talks to digital expert Jeffrey Cole about Instagram’s rights to your photos. Because of the reaction, some of it being outrage, Instagram has already made amends to some of the new policy. Either way take a look at the clip and get an idea of what is going on, then make sure to read the new policies and figure out your plan of action. Of course this only matters if you use Instagram. If you do, what are your thoughts on Instagram “owning” your photos and being able to make profits from them?