11.1 You retain copyright and any other rights you already hold in Content which you submit, post or display on or through, the Services. By submitting, posting or displaying the content you give Google a perpetual, irrevocable, worldwide, royalty-free, and non-exclusive license to reproduce, adapt, modify, translate, publish, publicly perform, publicly display and distribute any Content which you submit, post or display on or through, the Services. This license is for the sole purpose of enabling Google to display, distribute and promote the Services and may be revoked for certain Services as defined in the Additional Terms of those Services.
The folks at Tap the Hive say this:
Most likely your employee or student agreement requires that your employer/university exclusively owns all IP that you make during your time there. Many employment contracts require that the employee signs away exclusive rights to all IP they create during work hours and anything created off hours related to their employer's business. Students get their credit because the university typically gets copyrights to any writings and exclusive patent rights to any research and inventions. This means that many content creators (news writers, song writers, artists, copy editors, musicians, students) cannot legally agree to these ToS because they'd be in breach of their employment/student contracts.
*Via the twitterfeed of Savage Jeff Lester*
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