Diddy Shutting Down Bad Boy?

Word around town is that Sean Combs’s Bad Boy label is about to shut all the way down! Top secret informants told All Hip-Hop’s The Inside Man that all the company’s employees got the boot. Luckily, some have a new home at Diddy’s fresh TV network Revolt—or, of course, his beloved Cîroc. (Take that, take that!) Although the historic label has some hot new acts like French Montana and Janelle Monáe (said to be relocating to major imprints like Interscope), everyone knows Bad Boy hasn’t been all that jiggy since the days of Carl Thomas and Faith Evans… a nicer way of saying “over 10 years ago.”

Read it at All Hip Hop.

Serena Williams Wins Third AP “Athlete of the Year” Award

Serena Williams just keeps on making history. She’s nabbing titles left and right, winning championships, breaking records and even more necks in the process. (Have you seen her getups lately?) The Compton court queen’s long list of accomplishments this year alone was enough to swipe the Associated Press’s 2013 Female Athlete of the Year, her third to date. (This is usually where I would brag about all her other accolades, but the way my tennis knowledge is set up…) There are only two other women who’ve earned the title more times than Serena in the award’s history. And she’s coming for y’all too!

Read it at CBS News.

Kimora Lee Gets Frisky on the Beach with New Boo… and Russell Simmons

Kimora Lee Simmons has her a new man! And as usual, ex-hubby Russell Simmons is third-wheeling with a smile. The Simmons clan took their annual trip to the French Caribbean island St. Barts for the holidays, and along for the ride came Kimora’s boo-thang, Goldman Sachs Singapore co-president Tim Leissner. The two were getting quite cozy on the beach with the kids, and ol’ Russy was right in the middle of the action. (They might as well had brought Djimon Hounsou along to make the festivities complete.) Nevertheless, you have to give it to the guy for being supportive and selfless in these situations. Stand up dude… still strange, but definitely stand up.

Read it at The YBF.