That's the synopsis - more details here: A Guide for Resisting Edtech: the Case against Turnitin
Would you upload your paper to a commercial website with these terms of service:
"Any communications or material of any kind that you e-mail, post, or transmit through the Site (excluding personally identifiable information of students and any papers submitted to the Site), including, questions, comments, suggestions, and other data and information (your “Communications”) will be treated as non-confidential and nonproprietary. You grant Turnitin a non-exclusive, royalty-free, perpetual, world-wide, irrevocable license to reproduce, transmit, display, disclose, and otherwise use your Communications on the Site or elsewhere for our business purposes. We are free to use any ideas, concepts, techniques, know-how in your Communications for any purpose, including, but not limited to, the development and use of products and services based on the Communications."
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