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Help Develop Open Source Corporate Data Apps!

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Last week, XBRL.us launched the XBRL Challenge. The contest, which is offering a grand prize of $20,000, is soliciting open source analytical applications that make use of corporate XBRL data. XBRL is short for eXtensible Business Reporting Language, and starting this past June, all publicly traded companies are required to file their financial statements electronically to the SEC using it.

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