Twitpic's attempted copyright grab?

Twitpic becomes the latest in a long line of web companies playing fast and loose with their users’ copyright:

The first part highlighted is a clause seemingly denying anyone who uploads a picture to Twitpic the media exploitation rights for that picture; it specifically targets those businesses who might want to pay for it. The second is a more vaguely-worded catch-all clause that, in the most draconian interpretation, could deny a user from uploading their own pictures to other hosting services like Flickr.

Chris Applegate has done a thorough exploration of what’s going on and Twitpic’s moves to correct the issue.