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Ethan Miller, Getty Images
Ethan Miller, Getty Images
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Myspace On the Comeback Trail – Adds 1 Million More Users

Everyone presumed Myspace to be finished. Since the development of Facebook, the Myspace phenomena has diminished. But wait, the comeback of the year might be in the works!? Myspace, the presumed-dead social networking site was purchased by a group including Justin Timberlake, and has revamped itself  and added more than 1 million new users last month.

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Category: Business, Technology Tags: ,
Getty Images
Getty Images
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Myspace Sold at Huge Loss, Justin Timberlake Now Part Owner

Six years ago, Myspace seemed like a great investment.  It was purchased by News Corporation for $580 million.  But this week, the struggling social media site was sold to advertising network Specific Media, for roughly $35 million.

Who's the new owner? 

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