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NEW DELHI: Social networking giant Facebook has paid over $3 million since 2011 to security researchers who report bugs on its website, with India topping the tally with the largest number of valid threats reported.

India, which has over 112 million Facebook users, cornered an average reward of $ 1,343 in the US-based firm's Bug Bounty programme.

"India contributed the largest number of valid bugs again this year at 196, with an average reward of $ 1,343," Facebook said in a post.

Egypt and the US followed at the second and third spots by volume, with 81 bugs and 61 bugs, respectively, and an average reward size of $ 1,220 and $ 2,470, it added.

The UK, which took the fourth spot in reporting bugs, earned the highest amount per report in 2014, receiving an average of $ 2,768 for 28 bugs.

The Philippines was at fifth, earning a total of $ 29,500 for 27 bugs, it said.

A bug is an error or defect in software or hardware that causes a programme to malfunction. It often occurs due to conflicts in software when applications try to run in tandem.

While bugs can cause software to crash or produce unexpected results, certain defects can be used to gain unauthorised access to systems.

"We've paid out more than $ 3 million since we got started in 2011, and in 2014 we paid $ 1.3 million to 321 researchers across the globe. The average reward in 2014 was $ 1,788," Facebook Security Engineer Collin Greene said in the post.

Sixty-five countries received rewards this year, representing a 12 per cent increase from 2013 and the social networking platform, which has a user base of over 1.39 billion, now has 123 countries reporting bugs, he added.

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Facebook Pays Bug Hunters $3mn; India Reports Largest Threat

Call it Goldman Apps.

A Goldman Sachs-backed messaging and social networking service is planning to roll out broadly to Wall Street by July, complete with its own app store for add-ons, The Post has learned.

The service, called Symphony, will allow workers across Wall Street to communicate with one another, and incorporates instant messaging, chat forums, Twitter and internal feeds.

While most of the chat rooms are focused on financial topics like Bitcoin or interest rates, theres at least one devoted to soccer.

A consortium of 15 banks invested $66 million in Symphony a standalone company and not a part of Goldman. The new service is widely seen as a way to reduce the banks reliance on Bloombergs expensive messaging and data terminals, which cost $24,000 per year apiece.

Symphony has more than 19,000 users at Goldman alone about two-thirds of the companys workforce, said spokeswoman Tiffany Galvin.

Symphonys other bank backers are also using the service, along with a few outside clients that are testing it, according to Mike Elanjian, a vice president in securities.

The program was the main focus of a weekend hackathon event at the bank behemoths lower Manhattan headquarters, where about 90 college students wrote code for programs used for everything from trading to company operations.

Symphony has attracted interest from banks in part because it allows internal compliance officers to police any talk among traders that could end up in embarrassing court documents, among other reasons, according to Wall Street insiders.

If you say the wrong thing in financial services, you can commit a crime, Paul Walker, global co-head of Goldmans technology division, told the students.

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Goldman Sachs to debut new social-networking service

Google Inc's Bradley Horowitz will run the company's Photo and Streams products, in a move that indicates the company may be reorganizing its Google+ social networking site.

Horowitz, vice president of product management since 2008, announced the move in a Google+ post late on Sunday.

"It's important to me that these changes are properly understood to be positive improvements to both our products and how they reach users," Horowitz wrote.

It was not immediately known what the company called "streams" product.

Sundar Pichai, Google's senior vice president of products, told Forbes last week that the two important parts of Google+, Photos and Hangouts, may soon be separated from the main product.

"I think increasingly you'll see us focus on communications, photos and the Google+ Stream as three important areas, rather than being thought of as one area," Forbes quoted Pichai as saying.

Google+ marked the company's most concerted effort to catch up with Facebook Incin the fast-growing social networking market, but the service has struggled to match the rival's popularity.

It was not immediately clear what role David Besbris, who last April replaced Google's head of social networking, Vic Gundotra, will be taking on.

Google representatives did not immediately respond to a request for comment.

The changes were first reported by technology blog Techcrunch, which also said that the Google+ team has halved in size since Gundotra's departure.

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Google Reorganizes Google+ Social Network

As a Facebook and Twitter competitor, Google+ never really stood a chance. By some combination of odd design, confusing nomenclatureremember Circles? Sparks?and the simple fact that no one ever really used it, Googles grand plan to unite its many products into a single social product just didnt pan out. So it should surprise no one that three and a half years after its launch, Google has re-organized the product, and put Bradley Horowitz, Google VP and one of Google+s key architects, in charge of Googles Photos and Streams products. Sources confirm that Google has no immediate plans to ditch the name Google+, but what that name represents is about to dramatically change. It appears Photos and Streams will cease to be simply features of Google+, and will become two distinct products under Horowitzs watch. (Google wouldnt elaborate on its plans except to say no product changes are happening right now.)

The change comes on the heels of Google SVP Sundar Pichai telling Forbes that I think increasingly youll see us focus on communications, photos and the Google+ Stream as three important areas, rather than being thought of as one area. Google+ was originally supposed to be a one-stop shop for all the ways we interact with each other. Clearly the vision has changed.

But dont write the obituary yet. It would be a mistake to call this a retreat, or an admission of failure. This is actually Google doing what Google does best: relentlessly optimizing its products based on data and feedback. Theres a small but very dedicated core of Google+ users, for whom Streams will now simply be a cleaner, more focused product. (At least, until Google kills it off, as is its ruthless tendency with power-user products like Reader. Actually, lets not talk about that, Im still not ready.) The truth is that when Google launched Google+, it actually launched three things. What it didnt realize was that the two that werent the social network, Hangouts and Photos, were actually the future of social networking.

Google+ was secretly the best photo service around.

Google+ was quietly the best photo-storing platform on the internet, and quickly became the place I dumped all my photos. It comes with a truckload of storage, really easy tools for editing and sharing, and an ultra-visual layout that was copied by basically every other photo-storage site on the planet. You can build albums with friends, even storing photos you share in messages in a constantly-updating album accessible to only you and a buddy. Theres some amazing machine-learning happening there, wherein Google can ditch your crappiest photos and even combine a few to make sure you get one with everyone smilingwhich, at least in my family, is essentially a miracle. My favorite tool is the one that stitches together into a GIF a bunch of photos you took in rapid succession, which always looks either perfect or totally insane, and is really fun either way.

Hangouts, meanwhile, quickly became a powerful and versatile communications tool. Its both the evolution of GChat and Androids answer to iMessage, and it supports voice, text, photos, emoji, more emoji, and basically every way people communicate on any platform. Its been bigger than Google+ for some time now, but it was a core piece of the early offering.

Combine those two thingscommunication and photosand what do you have? A social network, right? Google thought so, anyway. What Google believed it was launching three years ago was a series of products built around a stream, a list of status updates and links that at that time was the core element of a social network. But social networking is bigger than that, and as it has shifted to mobile it has split largely into two camps: messaging and photos. For every Facebook and Twitter, theres also Instagram (photos), WhatsApp (messaging), Facebook Messenger (messaging), Tumblr (mostly photos), YikYak (messaging), Snapchat (photos), and on and on. Its to Facebooks credit that it owns basically half that listit understood before anyone that our online social interactions cant be captured in a single feed. Instagram, Messenger, and Facebook all have different purposes, different uses; trying to cram them all into a single bucket doesnt make any sense. It took Google a while, but it too seems to be finally recognizing that.

Google as a social network is very much alive. Pichai told Forbes that Google+ was always at least as much about identity as socializingthe goal was to connect and cohere who you are across all its different products. In that sense, Google+ worked; from your horrifically racist YouTube comments to your Blogger blog to your Gmail, youre the same person everywhere. That helps Google know more about you so that it can place more and better ads in front of you. And it makes your social experience more cohesive. The difference with these changes is that your social, interactive experience isnt relegated to a single screen with too much white space and not enough people.

Its everywhere, on every platform, based around what we want to share, where, and with whom. And it makes automatic GIFs out of your photos. If that cant be a successful social network, well, I dont know what can.

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Google+ as We Knew It Is Dead, But Google Is Still a Social Network

How to make a Facebook account
http://www.mponline.name/blog/how-to-make-a-facebook-account-complete-guide-with-easy-steps Friends you already know that Facebook is the one of the world #39;s most popular social networking ...

By: MPOnline

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How to make a Facebook account - Video