The document discusses the rise of new media and social networking. Some key statistics are presented showing how popular activities like blogging, social media usage, and online searches have grown tremendously. It also provides data on social media usage rates in different countries. The document then discusses how these trends are fundamentally changing how people work, learn and engage with each other online. It presents some of IBM's social media initiatives and statistics on IBM employee participation in internal social networks and external platforms like LinkedIn and Facebook.