Why do companies opensource their code?

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Posted by Fahad Uddin on Programmers See other posts from Programmers or by Fahad Uddin
Published on 2012-12-04T17:58:04Z Indexed on 2012/12/05 5:30 UTC
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I have seen many big companies like Facebook, Twitter and LinkedIn opensource their code. I was curious to understand why would any company share their code to the world. One reason I understood that it makes the people better understand their API. Still, I am a little confused as any other company/person can use their code to find a vulnerability inside and get their site down. Why do such big companies take this risk then?

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