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This past week I attended Gravity Summit's 1 Year Anniversary conference at UCLA. Gravity Summit is a series of social media conferences that are held across the country. If you follow me on Twitter, you noticed I live-tweeted some of the highlights as the day went on. Below is a recap of the information I found most relevant, interesting, funny, and useful for business owners and marketing professionals.

So there you are on Facebook, telling the world what's on your mind, commenting on photos of your friend's weekend getaway, "liking" your co-worker's latest status update...and pulling out your credit card to purchase a half a pound of coffee?

Today, I came a cross an article telling me that I could be doing just that. Yes folks, Equator Estate Coffees and Teas is now making it easy for me (and you!) to purchase a cup of joe right on Facebook.

I read an article in Online Media Daily today that covered a study conducted by OPA (Online Publishers Association). Within the study it was found that the share of time spent on commerce sites has declined. They say that part of the reason for this is the rise in social networking sites in the past few years. This really got me thinking. Are social communities really hurting the growth of eCommerce? I say no.

As you've been able to tell from our last couple blog posts and all of the tweets, a few of attended Twiistup 6 in Los Angeles this past Thursday and Friday. For those of you who aren't familiar with it, Twiistup is a conference that connects people from technology, media and entertainment. There were a lot of fairly new companies "showing off" their product or service and there were panels that covered several topics, from tips for entrepreneurs looking for investors to social media and the "do's" and "don't"s in that area of marketing and tech.

This is about 75% of the Music and Technology panel from Twiistup 6. I underestimated the length of this one and ran out of juice on the little Flip cam.

This panel covered all things that tie music and technology together, and today it seems like they are inseparable. Panelists include Grammy award winning artist Chamillionaire, QD3 (Quincy Jones III), Brian Solis and Ian Rogers of Topspin media.

Amazing insights on how Chamillionaire ties social media in with his overall branding, marketing and fan base to be successful without waiting on the major labels to get caught up to social media.