As we told you in Wrap It Up, MySpace (the company that used to be cool) sold for $35 million to some ad network called “Specific Media”. What we didn’t know until this morning was that some famous celebrities chipped in on the purchase: Justin Bieber and Justin Timberlake being two of the most notable. So, seeing as MySpace is a complete waste of space, we asked our Facebook fans and Twitter followers what they’d do with the $35 million instead of buying MySpace. Check out their hilarious responses after the jump.

Wrap It Up is our end of the day daily feature where we highlight the internet’s top pics, vids, stories, and headlines for the day. Today’s items include the identity of Quentin Tarantino’s toe suckee revealed, the King of Pop giving a teeny bopper boy band member cocaine, MySpace selling out, a battle of the WAGs, a battle of the trailer mash-ups, NFLers wearing Superman snuggies, Louis CK explaining farts, the new Lenny Kravitz meme, James Franco’s first music video, and much more than meets the eye. Check out the sh*t we should’ve published after the jump.

Wrap It Up is COED’s end of the day daily feature in which we highlight the day’s top pics, vids, posts, and stories from the internet. Today’s items include Sibylla Deen almost cutting through her K-Swiss jersey with her nips, Usher recruiting Pippa Middleton to model lingerie, Mario Lopez wearing a shirt that features Dustin Diamond wearing a shirt that features Tiffani Amber Thiessen wearing a shirt that featuers Justin Bieber wearing a shirt that features Kelly Kapowski. The Rock shows off the guns on Splash Mountain, MySpace is dead, Columbo passed away, Ron Artest is now Metta World Peace, and much more. Check out the sh*t we should’ve published after the jump.

Everything seems better in the past. Television, food, your “game”, and your health were probably much better when you were younger. The reality is that times change and so must companies if they hope to survive. However, some of them have changed for the worst. Call us a bunch of old cynical bastards if you must, but make sure to check out our list of companies that use to be cool after the jump.

We’ve all seen the billboards. The words “Punk”, “Genius”, “Billionaire” spread across the face that lies beneath it. That face, of course, is supposed to be Mark Zuckerberg, the face of the Facebook. The question that comes to mind when passing those billboards is, “Can this movie match the networki… Click to read more

One of the greatest features of the internet is its ability to bring people together; unfortunately, a select group of those people were better left in their lives of gentle solitude, sans modems. These internet weirdos (iWeirdos, if you will) were the type you avoided in high school, as though you had some sixth sense that they would grow up to collect child porn and/or use a Hotmail email account.

MySpace ran a huge ad for “The Social Network”, the new movie about Facebook founder Mark Zuckerberg. COED finds this awkward. What do you think?

Yowzah! This here is bikini and glamour model hottie, Lisa Angeline. Hailing from Newport Beach, California, the 27-year-old smokeshow has won armfuls of bikini contests, including multiple Miss Hawaiian Tropic competitions, and most recently won SpyOnVegas.com‘s Las Vegas Hot 100 contest. But with a body like that, how can anyone else compete?

Whatever the hell it is that they’re putting in the water, or the plantains, or whatever, down in Brazil to make women like this (and all the others), well, they need to implement that addition here in the US as quickly as possible. This incredible hottie is 22-year-old bombshell, Camila Mendes. She’s appeared in tons of ads, in music videos, and on HBO’s “Forbidden Science.” But she’s left all that behind to study in Thailand.

Everyone with a webcam or a knack for having sex with married celebrities can get their fifteen minutes of fame. But only the truly talented can extend those 15 minutes into an interview on 20/20, a Playboy contract, and a television series. We’ve put together a handy guide on turning your 15 minutes of fame into a a lifelong career of book signings, national news mugshot cameos, and late-career sex tape success.

25-year-old Leanne has made a career of taking “glamor nude” photos, what ever that means. He favorite hobby is working out and as you’ll see from the photos of her tight body she takes her hobby very seriously.

The Internet is good for a lot of things – answering questions, finding a date, wasting your life away in an imaginary digital universe. But possibly its best feature is the endless stream of pictures random hot girls took of themselves in the mirror. We’re not sure who these girls are or what prompted them to strip down into the sexiest little thing they had and take their picture in the mirror (or how they got online in the first place), but we’re certainly glad they did – this is one trend that never gets old…

Congratulations are due to Birmingham, Alabama beauty Cat Anne – you’ve just been named Miss COED December 2009! This was without a doubt our closest race yet. But after thousands of votes in the first round, Cat beat out 21 girls to enter the Final Four. In the last round of voting, she topped Salt Lake City smokeshow Rosalee Ochoa, LA Clippers cheerleader Nicole Brewer and the ridiculously sexy…

Lorissa is so blazing hot that your computer screen might melt while looking at her pictures. This 28-year-old sex bomb recently relocated to the Nevada desert and is looking for modeling gigs in Sin City. With her incredible body and unique tattoo work she would have no problem becoming a Suicide Girl model.

What do we say about Missy? There isn’t too much information about her on the internet but we do know that she resides in Orlando and she was recently featured by Playboy as a Cyber Girl.