A 10 -year-old discovered a glitch on Instagram that could have devastated the entire platform, and his reward was a paltry $10,000 from Facebook.
We know what you’re thinking: $10,000 is a lot of coin! Indeed “its by”. But Instagram is said to be worth many billions of dollars( about $56 billion, according to our math applying current revenue juttings ). All guesses aside, Facebook acquired it for$ 1 billion in 2012 — the service is worth a lot of money.
The Finnish 10 -year-old, identified only as Jani in the VentureBeat report about his uncovering, is said to have found a glitch on Instagram that allowed him to delete any commentary left on the social pulpit. Rather than reining his newfound superpower to pattern Insta with an iron fist, he notified Facebook bureaucrats, who patched up the glitch.
VentureBeat said Facebook demonstrated the story — initially published in a Finnish newspaper — but such other representatives for the social network did not immediately respond to a request for comment from The Huffington Post.
We’d like to assert that Jani is owed more fund. His reward was able to pay for a bit less than 30 percent of one year of private college education in the United States. And if he had posted the exploit to, say, Reddit rather than going to Facebook, the damage to innocents who generate revenue from amateur photographs of brunch and puppies may well be frightful — brand # engagement could have plummeted!
In fairness, the reward was more than the $4,457.14 median get paid to security researchers who reported glitches to Facebook last year. But come on: Facebook and Instagram are among the most widely used, important online services in the entire world. We respect Jani for keeping them safe for all, but perhaps he could have gotten a little more out of stock exchanges — perhaps$ 1 per monthly used who could have been affected by the kink? For a total of $400 million or so?
Seems fair to us.
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