Facebook announced earlier this week that they had passed the 300million user mark, and that they are making money or, as CEO Mark Zuckerberg put it this week, they are cash flow positive. Put another way, Facebook is raking in the revenue.

Recently we wrote about the fact that Twitter has just updated their Terms of Service, effective immediately (you can read our article about Twitter’s new Terms of Service here). One interesting new development is the aspect of the new Twitter ToS in which Twitter explicity spells out that they have…