The new (and revised) TOS is not the same as the current TOS. Referring to it as a reversal is inaccurate. Instagram may have dropped certain language but the

The new (and revised) TOS is not the same as the current TOS. Referring to it as a reversal is inaccurate. Instagram may have dropped certain language but the upcoming TOS claims the right to transferable licenses and sub-licensing, wording not in the current TOS.