Until recently, MySpace was known for being a landing site for high school aged teens to meet each other and share gossip. It was first characterized by teenage rock bands, dating searches and the celebrity grapevine. Lately, however, things have taken a major turn and the site which once saw mostly music artists gain popularity and fortunes from the site are now sharing the same stage with entrepreneurs, both big and small. These are mostly in industries ranging from clothing apparel, print media,...