Google has announced that Pwnium, as we know it, is no more. Google has been holding an annual bug-hunting competition to encourage vulnerability researchers to find security holes in Chrome OS and the Chrome browser. But fear not because like a phoenix a brand new version is rising from the ashes. Google says that the top reward for reported bugs will be raised to $50,000, on offer all year round. The new scheme will make it less likely that bug hunters will wait until the contest is held before revealing the vulnerability they have found.”]