1)A questions meaning simply 'how are you?' or 'how are things going?'. Sometimes taken very seriously by the recipient.
2)A question used to fill an awkward silence.
1)John Doe: So, how's life?
Jane Doe: Good, good. And yourself?
2)Jane Doe: I cut myself.
(awkward silence)
John Doe: So, how's life?
when you're holding up your phone and making faces at it, as though you are taking a selfie, but you're really taking a picture of the person across from you or the wall or anything else that seems interesting but you don't want to be caught dead taking a picture of.
This action is often made more convincing by wiggling the eyebrows or opening the mouth, to pretend you're trying to get a Snapchat filter to work.
FRIEND A: "Did you just take a stealthie of me?"
FRIEND B (turning phone around): "no I was just using snapchat's new filter, see?"