What you need to know - 08/12/11

Android tablets killing the iPad; NYPD creates a social media task force

AOL announced a $250 million stock repurchase program, which takes effect immediately.

New data from ABI Research shows that over the last twelve months, Android tablets have taken away 20% of the iPad’s market share.

Go Try It On, a mobile app and Web service that allows women to snap a picture of an ensemble they’re considering, raised a $3 million Series A round of funding led by investors Len Blavatnik and Alex Zubillaga.

It's war: Google announced on Thursday that its new social network, Google+, now has a social gaming platform, just a month and a half into the network’s life.

On the heels of its $1 million seed round, mobile Q&A app Opinionaided raised a $4.3 million Series A round led by SoftBank Capital and BlueRun Ventures, with help from all seed investors.

SmartDrive Systems, provider of fleet management and driver safety solutions, has secured $10.1 million of a planned $11.5 million round.

The New York Police Department has formed a new unit to scour social media sites for information related to past, present and future crimes.

Today's Entrepreneur is Ali Syed CEO of  How Safe Corporation. According to his VEQ he is a thought leader and is good at  technology design and project development.