MySpace reveals new-look site

Diminishing social network site MySpace is set to roll out a complete redesign of its homepage in an attempt to regain ground on Facebook and Twitter. The new interface, which is set to be rolled out globally on August 16th, sees the introduction of a friend news feed and an increased emphasis on sharing content across the site.

The story, which was covered as an exclusive, was broken by social media site Mashable today. Writing on the blog, Mashable's Ben Parr commented:

"Christina Wodtke, General Manager of Social Networking at MySpace, told me that they have a lot of loyal users that have been with MySpace for a long time, but they haven

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