As expected, Facebook has added some questionable features to the Oculus Rift and if any of it surprises you then you haven't been paying attention.  The Register went through it to pull out a variety of terms than many may find questionable.  Your usage will be tracked while you are using the headset and just like Facebook and many other social media apps it will use the data collected for targeted advertising.  There does not seem to be any incognito mode, so think twice before using the Rift for certain applications unless you want some interesting adverts showing up on your Facebook page. 

A Slashdot post points out a different concern for content creators, if you use the Oculus to create something original then while Oculus can't claim to own it, it can use it without your consent and without  having to pay you for for using it.  Again, this should not be surprising but if you weren't aware of the possibility, you should consider these T&C's before picking the Rift.

"THOSE OF a weak disposition should look away. News has reached us that face fun virtual reality machine, and eye of Facebook, the Oculus Rift has features that track things that people do, and use the information for the purposes of advertising."

Here is some more Tech News from around the web:

Tech Talk