The inventor of the World Wide Web, Tim Berners-Lee, was recently named as recipient of the first-ever Millennium Technology Prize. The award is given by the Finnish Technology Award Foundation as an international acknowledgement of outstanding technological innovation that "directly promotes quality of life, is based on humane values, and encourages sustainable economic development. The honor is accompanied by an award of one million euros. According to the award committee chair, "the Web is encouraging new types of social networks, supporting transparency and democracy, and opening up novel avenues for information management and business development."
Currently Berners-Lee works at the World Wide Web Consortium (W3C) at the Massachusetts Institute of Technology (M.I.T.), in Boston.
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