It's a hoax (shockingly enough).
You've probably seen it in your own news feed. Every so often, paranoid Facebook users will start copy-pasting a message about privacy or copyright and posting it as their status. This message usually says something about new privacy guidelines and Facebook's right to users content. Following the latest rash of these status updates, Facebook has debunked the myth and assured users that they own their own content.
In a post dubbed 'Fact Check,' Facebook addresses what it calls the 'copyright meme spreading on Facebook.'
"There is a rumor circulating that Facebook is making a change related to ownership of users' information or the content they post to the site," the company said. "This is false. Anyone who uses Facebook owns and controls the content and information they post, as stated in our terms," the social network continued, adding, "They control how that content and information is shared. That is our policy, and it always has been."
Will this be enough to satisfy those frantically updating their status to declare they own the copyright attached to their content and Facebook has no right to use it in any way? Maybe, maybe not. We're sure another chunk of privacy legalese will be making the rounds a few months from now. Still, these folks would do well to remember that, whatever Facebook's policies may be, they agreed to Facebook's ToS when they signed up for the service. And that can't be amended with a status update.