"Hacking is core to how we build at Facebook," the company said in a blog post announcing this year's competition. "Whether we're building a prototype for a major product like Timeline at a Hackathon, creating a smarter search algorithm, or tearing down walls at our new headquarters, we're always hacking to find better ways to solve problems."
The winner will receive a $5,000 cash prize. Last year, nearly 12,000 programmers participated in the Hacker's Cup. Petr Mitrichev, a Google (GOOG, Fortune 500) employee from Russia, took home the top prize. (In a nicely ironic twist, Mitrichev wore his Google employee badge during the competition.)
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