One security researcher has been rewarded with more than $7,000 for finding six serious bugs in the social networking site.
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The minimum amount paid for a bug is $500, said Mr Sullivan, up to a maximum of $5000 for the most serious loopholes. The maximum bounty has already been paid once, he said.
Many cyber criminals and vandals have targeted Facebook in many different ways to extract useful information from people, promote spam or fake goods.
HP TouchPad owners can look forward to an over-the-air update that will enhance the platform and add functionality and a growing applications catalog.