hmm.. Google is holding a contest to find the best new technology, run on a data set of about 900,000 web pages.
The winner gets: $10,000 hard cash, a “VIP” visit to Google, and the potential to run your idea on the entire data set of over 3 billion pages.
Google gets (fine print): “a worldwide, perpetual, fully paid-up, non-exclusive license to make, sell, or use the technology related thereto, including but not limited to the software, algorithms, techniques, concepts, etc., associated with the entry.”
Sounds like a good deal to me! Every single entry, including the losers, becomes property of GoogleCorp. With 50+ Ph.D’s on staff, you wouldn’t think that they would have to resort to these highly contractual contests. My advice? Go get your own dataset, make your technology, then sell it to Google for a heftier sum of money. (link: webvoice)