MySpace signs up 1 million new users in a month

myspace

Chris Vanderhook, left, and Tim Vanderhook, right, at Myspace headquarters in Beverly Hills.

It may be too soon to tell if MySpace can become culturally relevant again.  But, Tim and Chris Vanderhook, the two young investors who bought the faded social networking site from News Corp. in June 2011 now have some semi-solid reason to hope.

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