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Time names YouTube 'Invention of the Year'

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Date: Tuesday Nov. 7, 2006 12:28 PM ET

NEW YORK — YouTube has snagged top honours as Time magazine's "Invention of the Year for 2006.''

It beat out a vaccine that prevents a cancer-causing sexually transmitted disease and a shirt that simulates a hug.

Time says YouTube's scale and sudden popularity have changed the rules about how information -- along with fame and embarrassment -- gets distributed over the Web.

It says the video-sharing website came along at just the right time -- social-networking websites are hot, camcorders are cheap and do-it-yourself media is expanding beyond text-based blogs.

YouTube inherits the tiara from Snuppy, a cloned puppy and winner of the magazine's 2005 award.

YouTube was recently acquired by Google for 1.65 (b) billion dollars U-S.

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