Time magazine today named Facebook founder Mark Zuckerberg as its 2010 Person of the Year.
Time defines the Person of the Year as the person who, for better or for worse, does the most to influence the events of the year.
Zuckerberg, only 26, is the second youngest person named to the cover of Time's ritual annual.
Managing editor Richard Stengel said Zuckerberg's social networking service was 'transforming the way we live our lives every day'.
'For connecting more than half-a-billion people and mapping the social relations among them (something that has never been done before); for creating a new system of exchanging information that has become both indispensable and sometimes a little scary; and finally, for changing how we all live our lives in ways that are innovative and even optimistic, Mark Elliot Zuckerberg is Time's 2010 Person of the Year,' Stengel said in a statement.
