The Time magazine 'Person of the Year' is you
Time magazine has named You as the "Person of the Year" on Saturday for the explosive growth and influence of user-generated internet content from such sources as blogs, video-sharing site YouTube and social-networking site MySpace.com.

Putting a mirror on the cover of its "Person of the Year" issue, released on Monday, the magazine said it reflects the idea that every day people are transforming the Information Age.

Time has been naming its "Person of the Year" since 1927.

According to the magazine the aim is to pick "the person or persons who most affected the news and our lives, for good or for ill, and embodied what was important about the year, for better or for worse."
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Mike Treschow to join Unilever as chairman
Swedish turnaround specialist Michael Treschow, also called "Mike the Knife," is expected to join Unilever as its chairman to help to revive the £18 billion consumer goods company.

The Anglo-Dutch company is undergoing a shake-up under Patrick Cescau, who joined as chief executive 19 months ago and has introduced a recovery strategy after issuing a profit warning in September 2004.

Last month Unilever said that third-quarter sales had climbed 4.8 per cent after Cescau cut thousands of jobs and disposed of the company's frozen foods division.

The expected appointment of Treschow follows a lengthy search led by Lord Simon, a non-executive director. Treschow is close to Sweden's influential Wallenberg family which controls Electrolux and Atlas Copco, where he served as chief executive before joining Ericsson.
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