Las Vegas (CNN) -- It's the Oscars for hard-core computer hackers, except that the trophies at the Pwnie Awards are cutesy little toy horses with pink and purple manes.
An explanation helps make some sense of this: "Pwn," in hacker jargon, means "to own" or "to take control of." It's the ultimate IT-nerd dis. As in, "I totally own your network." Or "I just pwned you in that World of Warcraft battle."
Add an -ie to the end, and you get "Pwnie," which is pronounced "pony" -- as in My Little Pony, which is exactly what these awards resemble.
See how much sense that makes?
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