For those who are not on twitter and following the recent meme about changing TOS, you should start by reading this post and the subsequent follow-up.
To be fair to Facebook part of the momentum here is a general sense of angst about who owns what when it is stored in “the cloud” or on “social networking sites.” But, Facebook also has changed their language to reflect a pretty (in my opinion) ridiculous policy. So while Facebook has become the lightning rod here, they did bring it on themselves. To get a clear picture of different TOS read Amanda French’s rundown of different TOS (seriously go read it, its important).
This is just another example of a blog finding something, posting a sensationalized article without any fact checking and igniting a ridiculous firestorm. This more about Gawker media doing whatever they can to drum up pageviews than it is any real issue with Facebook.