Google to Hand Out 'Infinity Million' Dollars to Hackers Who Break Into Google Chrome The search giant retires its annual hackathon, replaces it with an around-the-clock program that allows hackers to submit (and get paid for) finding bugs anytime, from anywhere.

By Laura Entis

Opinions expressed by Entrepreneur contributors are their own.

Usually, around this time of year, Google announces plans for its annual hackathon in which contestants from around the globe gather together to search for holes in Google Chrome and are awarded for their efforts with cash prizes. Last year, prize money totaled exactly $2.71828 million, "the mathematical constant e for the geeks at heart," Google explained. (Duh.)

This year, Google is radically shaking up the formula for its so-called Pwnium competition (the name is derived from splicing "Pwn," the act of breaking into a computer and owning it, with "ium," a play on the full name for Google Chrome, i.e. Chromium). Yesterday the company announced that in lieu of a single-day competition, the challenge will expand to become an around-the-clock, constant process, which means hackers can submit bugs whenever, from wherever (although the competition does bar residents from sanctioned countries, such as Iran, Syria and North Korea, from participating).

Related: How Hacking Is Helping Businesses Beyond the Tech Sector

Additionally, in place of a contained sum, Google has changed the nature of the prize money at stake: "For those who are interested in what this means for the Pwnium rewards pool, we crunched the numbers and the results are in," Tim Willis, a member of the Chrome security team and a "hacker philanthropist," writes in a post announcing the news. "It now goes all the way up to $∞ million."

Awards now range from a minimum of $500 up to a new high of $50,000. With a cash pot of "infinity millions," at least for now, there is no limit on the reward pool, although Willis, in a footnote, cautions that the program is "experimental and discretionary" and can be scrapped at any time.

These changes, he writes, are meant to lower the barrier of entry, and remove the incentive for hackers to sit on discovered bugs until the annual competition.

Related: PayPal's Job Recruiting Secret: Hackathons

Laura Entis is a reporter for Fortune.com's Venture section.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

These 3 Professions Are Most Likely to Vanish in the Next 20 Years Due to AI, According to a New Report

More than 1,000 AI experts think these are the jobs that AI will soon replace.

Business News

Here's How Tariffs Will Affect Costco's Prices, According to the Company's CEO

Costco CEO Ron Vachris said that one-third of U.S. sales are imported from other countries.

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

How a Jersey Kid Grew His Restaurant Business Into a West Coast Powerhouse

Brad Wise discusses the power of trust, the balance between growth and hospitality and the surprising crossover between running a butcher shop and a restaurant.

Starting a Business

Solopreneurs Are Quietly Building 6 to 7 Figure Empires — Here's How

Today's solopreneurs are building profitable, purpose-driven six — and seven-figure businesses. But this is not a fallback plan — it's an intentional lifestyle choice.