It's a part of your daily routine... Get out of bed, brush your teeth, check Facebook. (Not necessarily in that order) Mark Zuckerberg, the CEO and co-founder of Facebook, has now been recognized by Time for the impact his company has had on millions of people around the world. The site is changing the way we communicate, share and celebrate. Now Zuckerberg has another feather in his hat, being named Time's "Person of the Year."

Almost seven years ago, in February 2004, when Zuckerberg was a 19-year-old sophomore at Harvard, he started a Web service from his dorm. It was called Thefacebook.com, and it was billed as "an online directory that connects people through social networks at colleges." This year, Facebook — now minus the the — added its 550 millionth member. One out of every dozen people on the planet has a Facebook account. They speak 75 languages and collectively lavish more than 700 billion minutes on Facebook every month. Last month the site accounted for 1 out of 4 American page views. Its membership is currently growing at a rate of about 700,000 people a day.

In addition to networking friends, relatives and colleagues, the site has become an advertising medium... In fact, do us a favor. Feel free to share this post on Facebook. Read the complete article at Time.com.

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