Twitter's retrospective: http://2012.twitter.com/
Facebook's democracy that never was is now over: http://techcrunch.com/2012/12/10/facebook-vote-ends/
But they at least launched a preferred marketer program: http://venturebeat.com/2012/12/10/facebook-announces-new-preferred-marketing-developer-center/
And now lets users send each other gifts: http://allthingsd.com/20121211/facebook-pushes-out-gifts-to-all-u-s-users-complete-with-holiday-booze
Leading some to wonder if there's still some hype to social media: http://readwrite.com/2012/12/10/sorry-but-a-lot-of-social-media-wisdom-is-pure-bullshit