11 Leaders to Watch in 2011

Associated Press
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Justin Timberlake actor, singer, investor in MySpace

The Grammy-award winning singer, A-list actor, and sketch comedy savant is now exploring a new role: turnaround specialist. As a new part-owner of social network MySpace, Timberlake is helping reinvent the also-ran that former owner News Corp. essentially gave up on. Rather than compete head on with Facebook, Timberlake is looking to reshape MySpace as more of a music-focused hub, where fans can interact with bands, and musicians can promote news and demos. More details are forthcoming: Timberlake's hosting a press conference on Aug. 17.