TIME Person of the Year

→ by Lalawag < @lalawag >
at 9:01am Dec 16, 2010

Time magazine has named Facebook founder Mark Zuckerberg its “Person of the Year” for “creating a new system of exchanging information” and “changing how we all live our lives.”  Zuckerberg, 26, began Facebook in 2004.  What first started out as a web service for college students now has over 500 million users around the world with membership growing at a rate of about 700,000 people a day. About 70 percent of the site’s users are outside of the U.S.

Facebook has helped people connect with each other and has  changed definitions of privacy, according to Time Managing Editor Richard Stengel in a letter on the magazine’s website.  “There is an erosion of trust in authority, a decentralizing of power and at the same time, perhaps, a greater faith in one another,” Stengel said. “More than anyone else on the world stage, Facebook’s Mark Zuckerberg is at the center of those changes.”  In October this year a movie about Zuckerberg and the creation of Facebook, “The Social Network,” was released and was nominated for six Golden Globe awards this week.

READ MORE:
http://www.time.com/time/specials/packages/article/0,28804,2036683_2037183,00.html
http://www.businessweek.com/news/2010-12-15/facebook-founder-zuckerberg-named-time-person-of-year.html

About the Author: Lalawag

@lalawag • http://www.lalawag.com

lalawag is a leading source for tech, new media, and entertainment news and content. Like the businesses we cover, we work crazy hours and use our access to bring you the best business & lifestyle features, news, reviews, and profiles.

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