Online Ad Market:

• Top advertising chief sees calm amid economic storm.

• Facebook "Social Ads" are for real.

Mobile Computing:

• Sony designs a tablet that is not an iPad wannabe.

• Google snaps up 1,023 more patents from IBM

• Sharp drops tablet after less than a year.

• China Mobile inks deal with Clearwire.

Social Media:

• Is Facebook losing its identity?

Convergence:

• Microsoft to launch Xbox TV later this year.

Global Business:

• IAC’s Match.com buys 20% stake in Chinese online dating service Zhenai.

• Amazon launches in Spain, holds off on Kindle.

• Twitter adds five new languages.