YouTube wins Time’s ‘Invention of the Year
Posted in Internet by Sane on November 8th, 2006 YouTube, the video-sharing Web site recently acquired by Google Inc. for $1.65 billion, beat out a vaccine that prevents a cancer-causing sexually transmitted disease and a shirt that simulates a hug to grab top honors as Time magazine’s “Invention of the Year for 2006.”Time magazine, owned by media conglomerate Time Warner Inc., wrote in an article that YouTube’s scale and sudden popularity have changed the rules about how information — along with fame and embarrassment — gets distributed over the Web. more….
