George Hotz a.k.a Geohot is known as the Godfather of Jailbreaking. He recently settled his lawsuit with Sony. Later, he was challenged by Joshua Hill also known as p0sixninja on Twitter to jailbreak iPad 2 which Geohot accepted and then later he backed out and since then he has disappeared from this line. And now A member of the Chronic-Dev Team Joshua Hill (P0sixninja) said in a recent interview that Geohot is now working for Facebook.
Evidence is also found on Geohot's Facebook Wall where he says
Facebook is really an amazing place to work...first hackathon over.Here's the video that says Geohot is now working for Facebook and he is no longer working on iPad 2 jailbreak.