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Re:Build a better spell checker, win $10,000 by sandipagr on Thursday December 16, 2010 @04:31PM (#2013789)
for hackers, working on such problem is in different order of magnitude more fun than just earning money.
Re:Build a better spell checker, win $10,000 by krschultz on Thursday December 16, 2010 @04:34PM (#2013810)
I agree with you up until the point where the person owning the product of your hack is Microsoft. If the result was FOSS, that would be different.
Re:Build a better spell checker, win $10,000 by sandipagr on Thursday December 16, 2010 @04:38PM (#2013835)
I think they only will get the license to use it without paying any royalty. You still own the product, no?

Edit: And the license is not exclusive either. This will in a way give validation to your algorithm opening more doors (if you really want to make money).

Re:Build a better spell checker, win $10,000 by krschultz on Thursday December 16, 2010 @04:47PM (#2013880)
You wouldn't own their changes to it. I.e. they take what you gave them, build on it, and now they own it and not you. I imagine they are looking for a novel idea that they can own for $10k and then they will implement into Office "the Microsoft way" for about $500k+.