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.

Here’s something for you to think about right now: without the wonders of technology, you wouldn’t be on COED, let alone your computer. If anything, you’d most likely be outside throwing rocks at the sun in a vain attempt to pass the time. Thankfully, technology brings with it a plethora of convenience, fun and excitement that provides both entertainment and free time on an unimaginable scale… or so we think. For every action there’s a reaction, every gain a loss, every positive a negative. See out list of things that have fallen by the wayside thanks to technology after the jump!

Social Network, Glee and Boardwalk Empire were among the night’s biggest winners at the 2011 Golden Globe Awards Sunday evening, but for our money January Jones‘ amazing cleavage was the night’s biggest star. January donned a smokin’ red dress that showcased her best features nicely. She handed out the award for Best Television Series – Comedy or Musical alongside Jimmy Fallon making it the only point of the night where three amazing boobs shared the same stage.

~CHecK oUT mY FRee WeBcaM!~
No thanks, Fembot.
Online-dating sites, while fun and successful for those in the know, can be very daunting to your average, not-so-computer-savvy individual. Getting lost in the sea of PC-murdering spam and creepy come-hithers when looking for a date online is quite simple when you don’t have a clue what to do.
What give… Click to read more

Sexuality Research and Social Policy recently published an article about the sexual tendencies of women who date online.
According to the stats a staggering one-third of women in the U.S. have sex with a person they met online on the first date. In addition, 27 percent of said women perform oral sex on the first date.
This is amazing news for gun-shy, introver… Click to read more

As reported earlier this year, Facebook has been rumored to announce an online music service to compete with iTunes and MySpace in the near future.
This just in: the “Facebook Music” platform will serve as the social networking giants first step into the music space.
The new platform is set to be announced at ad:tech in New York City next week. Le… Click to read more

Playboy is launching their own social network called Playboy U. Yup! A social network just for college students run by Playboy! In a statement Playboy says, “Sorry, but high schoolers, old dudes and your Mom can’t join.â€?
Woo-hoo! just like old Facebook.
Only problem with Playboy U is it won’t have all the titties that the magazine features sayi… Click to read more