With the release of Chrome, the new Web browser from Google, a side story has developed, as it appears that the End User License Agreement (EULA) for Chrome gives Google an irrevocable right to use any content you might post using the Chrome browser. As it turns out, the legal language in the Chrome EULA is cut and pasted from Google's other EULAs, including the Google services like their word processor and spreadsheet.
So anything you write using the Google word processor, Google immediately has a license to use, in perpetuity. That would include novels, short stories, business plans, school reports, news stories, blog postings, podcasts, videos--everything becomes the property of Google. It's a nonexclusive license, meaning you can still do whatever you like with it, but if you write the great American novel with the Google word processor, they can print it and sell it in direct competition with you. They can make a copy of your company business plans and sell it on the Web to competitors.
There is still no such thing as a free lunch.
Update: Google has amended the Chrome EULA to remove the clause that gives them the rights to content. But the problem still remains with other Google apps and services.