You can fool some of the e-people some of the time

Just a quickie. We had the inevitable Web 2.0 "conference" recently and as to be expected there was much hoo-ha regarding Facebook by the usual e-vangelistos. I wonder if they have actually read the good old Terms and Conditions in any detail as they pertain to User Content? Here they are:

"grant, to the Company an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license (with the right to sublicense) to use, copy, publicly perform, publicly display, reformat, translate, excerpt (in whole or in part) and distribute such User Content for any purpose on or in connection with the Site or the promotion thereof, to prepare derivative works of, or incorporate into other works, such User Content, and to grant and authorize sublicenses of the foregoing"

Basically, as long as you use and have content on Facebook you grant them rights to do whatever they see fit with your, excuse me, your employer's intellectual property. Uh oh - time to get the lawyers in.