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Google pledges $50,000+ in GNOME Bounties

Gnome Foundation
Gnome Foundation

Google has recently announced their Summer of Code program, a program designed to introduce students to the world of Open Source Software Development. A list of these $4500 bounties can be found here. News.com also has a story covering the event.

$50k would hire a decent code

$50k would hire a decent coder for a year easily, any where other than the US with it's inflated salaries. Hell in some parts of the US it would probably still get you a decent coder for a year.