This document summarizes recent developments in social media and technology. It discusses the growing dominance of Facebook and new features like "+1" from Google. New tablet devices like the Motorola Xoom and Samsung Galaxy Tab are mentioned, though iPad sales were lower than expected. The demise of the Zune MP3 player and Microsoft's shift toward Kinect are also summarized. The growing popularity of Android smartphones at the expense of RIM and Microsoft is covered. Potential mobile payment systems from Google and Groupon are also briefly outlined.