Social networking is one of the hottest areas of technology and it's rapidly affecting how the world does business.
As this area of tech ‘grows up’, what will be the top three social media trends for 2011?
Find out from Michael J Wolf, director of the management consulting firm "Activate" and author of "The Entertainment Economy."
Watch the video now!
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Trader disclosure: On December 31st, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Cortes is short (XRT) vs. S&P; Cortes is short (XHB) vs. S&P; Cortes is short (LVS); Cortes is short (BCS); Cortes owns (TSN); Cortes owns (EXC); Cortes is long USD vs. Mexican peso; Cortes is long Treasury Bonds; Cortes is short Gold; Cortes is short Corn; Kinahan owns (BAC); Kinahan owns (C); Kinahan owns (CSCO), is short (CSCO) calls; Kinahan owns (GE), is short (GE) calls and puts; Kinahan owns (MSFT), is short (MSFT) puts; Kinahan is short (NFLX); Kinahan owns (ORCL); Kinahan is short (SPY); Kinahan owns (YHOO), is short (YHOO) calls; Kinhan owns (MOS) and (MOS) calls; Weiss owns (NFLX) puts; Weiss owns (VZ); Weiss owns (FAS); Weiss owns (QCOM); Weiss owns (NIHD); Weiss owns (JWN); Weiss owns (FNSR); Weiss owns (INFN); Weiss owns (OCLR); Boockvar owns (FXI); Boockvar owns (EWJ); Boockvar owns (GLD); Boockvar owns (MMM); Boockvar owns (NKE); Boockvar is short (IWM); Boockvar is short (SPY)
BRIAN KELLY
Accounts Managed by Kanundrum Capital own (FCX)
Accounts Managed by Kanundrum Capital own (GLD)
Accounts Managed by Kanundrum Capital own (GDX)
Accounts Managed by Kanundrum Capital own (GDXJ)
Accounts Managed by Kanundrum Capital own (SWC)
Accounts Managed by Kanundrum Capital own (XLE)
Accounts Managed by Kanundrum Capital own (OIH)
Accounts Managed by Kanundrum Capital own (JPM)
Accounts Managed by Kanundrum Capital own (WFC)
Accounts Managed by Kanundrum Capital own (BBT)
Accounts Managed by Kanundrum Capital own USD
Accounts Managed by Kanundrum Capital own (TBT)
Accounts Managed by Kanundrum Capital own (SLV)
Accounts Managed by Kanundrum Capital own (MCP)
Accounts Managed by Kanundrum Capital are short the Euro
BRIAN STUTLAND
Stutland's firm is a market maker in and owns VIX and SPX options
Stutland's firm is a market maker and holds future positions in VIX
COLIN GILLIS
Gillis has no disclosures
PETER SCHIFF
Schiff has no disclosures
MICHAEL J. WOLF
Wolf has no disclosures
GE is the parent company of CNBC
NBC Universal is the parent company of CNBC
CNBC.com with wires.
