Misleading post regarding Facebook Privacy settings and Copyright use reappears http://wapo.st/V9fpy7. In order to truly effect privacy control, be sure to read the terms of use (including privacy statement) of Facebook and adjust you personal privacy settings in Facebook accordingly. With regard to copyright protection of your posts, you will be limited to the terms of use to which you have agreed in order to have a Facebook account. Again, refer to Facebook's terms of use to see what copyright rights you retain and what rights you have giving to Facebook. Similar issues of privacy and copyright exist for all social media, e,g, Twitter, LinkedIn, Pinterest, Goggle+, etc. Therefore, the rule of thumb is to read your social media's privacy statement and terms of use so that you know how to best protect your privacy and your copyright content.
University of Dayton law professor and Executive Director in the Program in Law and Technology Kelly Henrici explains that the person posting to Facebook owns the copyright in his/her postings, but that he/she gives Facebook a limited license to allow other Facebook users to share content, subject to Facebook's terms of use provisions, and that the limited license is revoked upon the poster cancelling his/her Facebook account.
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http://www.abc22now.com/shared/news/top-stories/stories/wkef_vid_10118.shtml
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