Do you have time to search the web everyday to find the newest and coolest social media tools? If the answer is no, then you have come to the right place (and if the answer is yes, leave a comment with your favorites). I have searched the World Wide Web for social media information all week, and stumbled upon a few favorites along the way. Here are my picks of the week:

iPad:

On Wednesday, Apple had their much anticipated press conference, where Steve Jobs introduced apple’s latest product, the iPad. Here’s the facts:

• 9.7 inch display
• Runs iPhone apps
• Can be used as an eReader
• Holds music, photos, and movies
• Has Wi-Fi capabilities
• Comes in 3 different memory sizes
• Starts at $499

The verdict? Well, according to Twitter, it’s split down the middle. A study from Trendrr revealed that 48% of tweeters reacted positively to the iPad unveiling & 52% did not.

Twitter’s Local Trends:

After a test roll out last week, Twitter has finally made local trends available to all. As of now, everyone can view trending topics for 15 different cities and 6 different countries. So, if you want to see real time results of what’s trending in D.C., or even Brazil, now you can. Worldwide trending is still available, and Twitter is working to get more locations added to the list.  Learn more from Twitter’s Blog spot here.

The Facebook Friend Study:

An interesting study documented this week says our brains can’t keep up with the amount of friends we have on Facebook. It’s similar to a study done in the 1990’s known as Dunbar’s number, which concluded that the human brain is only capable of managing friendships with 150 people. The study is now in the process of being done again, and this time it’s taking online relationships into account, such a Facebook friends. The preliminary findings are out, and the interesting thing is that it appears nothing has changed…our brains are still only capable of maintaining 150 relationships- be it online or offline.

Data Privacy Day:

Yesterday, January 28, 2010, was International Data Privacy Day. Data Privacy Day is a day used to raise awareness and promote online privacy education. Many social media publications “celebrated” by providing a bit of privacy education. AllFacebook has an article on the 5 Facebook Privacy Tips You Need To Know Now, Wired has an article discussing the necessity of safe passwords, and a ReadWriteWeb wrote an article on some of the issues with privacy online.

LinkedIn’s Connection Browsing Updates:

It was announced this week that LinkedIn will soon be rolling out new ways to browse connections. LinkedIn is adding a panel that makes it easier to browse contacts by location, company, or industry. The social networking site  is also tagging connections with keywords, such as “colleague”, “classmate”, and “friend,” and has added an option to browse by recent activity.

-Anna (@alucas9)