2. To make the © using a PC, hold down the Alt key and type 0169. On a Mac, press Option + G. Then type in a copyright notice (your name, your company, etc.) as you want it to appear. Pick a font you like -- you'll be stuck with it.
3. Now hide the Background layer. Do this by clicking the eye icon to the left of its name. Make sure your Type layer is still selected (click on it if not). Then select your text: Go to Select > Color Range, move the Fuzziness slider all the way to 200, and click OK.