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Passport Users Give Data to Microsoft, Business Partners

The terms of use agreement for Passport services gives Microsoft and its business partners rights in users� data. These rights include the ability to use, modify, copy, distribute, and sell information transmitted on Hotmail and MSN Messenger accounts.

All your data (and biz plans) are belong to Microsoft, The Register, March 30, 2001.
Privacy terms revised for Microsoft Passport, CNET, April 4, 2001.