Specific Media

(Newser) - MySpace's new owners scrapped plans for a summer relaunch party because the revamp of the social-networking site is going more slowly than expected, insiders tells the Wall Street Journal . Justin Timberlake and Specific Media, who bought the site for $35 million in June, now plan to unveil the new,...

(Newser) - The hottest website of 2006 now belongs in part to one of that year's hottest stars. Justin Timberlake has teamed up with digital advertising agency Specific Media to take MySpace off the hands of Rupert Murdoch's News Corp, reports the Telegraph . Insiders say the fallen giant of social...