TIME Magazine has named Mark Zuckerberg Person of the Year.

Zuckerberg is the founder of Facebook, arguably one of Google’s biggest threats in 2011. Facebook has made a search deal with Microsoft Bing this year, which we expect to be expanded in the future. There has been a lot of controversy between Google and Facebook.

TIME Magazine said Zuckerberg was given this honor “for connecting more than half a billion people and mapping the social relations among them; for creating a new system of exchanging information; and for changing how we all live our lives, Mark Elliot Zuckerberg is TIME’s 2010 Person of the Year.”

For more coverage on this, see Techmeme.

Gary Price pulled out a lot more details in bulleted format from this issue.

Related Topics: Facebook

About The Author: Barry Schwartz is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here. For more background information on Barry, see his full bio over here. See more articles by Barry Schwartz

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