Britney and Paris to Co-Host Billboard Awards  —  New best friends Britney Spears and Paris Hilton are taking their act onstage: The pair will co-host next week's Billboard Music Awards in Las Vegas, a source confirms to PEOPLE.  —  "There are no plans for either to perform, but they will host the event together," says a show source.

ENGAGING VISIT  —  IT looks like Owen Wilson is about to pop the question to Kate Hudson.  The so-called "Butterscotch Stallion" was spotted Friday with his mother at the Harry Winston store at the Highland Park Mall in Dallas.  "They were looking at a huge, pear-shaped, flawless diamond engagement ring," said our witness.

PAM SPLITS OVER KID BLOWUP  —  JUST three months after they wed in St. Tropez, Pamela Anderson has filed for divorce from Kid Rock (real name Bob Richie) because of his "male insecurity and major anger issues," a close pal said.  —  The final straw was a bellicose blowup Rock threw …

EXCLUSIVE!  HILARY AND JOEL SPLIT!  —  Hilary Duff, 19, and Good Charlotte's Joel Madden, 27, have split, Star has exclusively confirmed.  Good Charlotte's manager Steve Feinberg, exclusively confirmed to Star, "Joel is at present, single."  —  Eyebrows were raised about the status …

Tracy Morgan Busted For Drunk Driving — Again  —  TMZ has learned that "30 Rock" star Tracy Morgan was busted for drunk driving early this morning in New York.  —  Police sources tell TMZ the comedian/actor was stopped at 4:38 AM in Manhattan after cops noticed he was driving erratically.

Cameron Diaz Says She Doesn't Want to Get Married  —  Cameron Diaz on The Ellen DeGeneres Show  —  Cameron Diaz, who recently admitted she doesn't want the responsibility of a dog, let alone kids, says she doesn't want to marry boyfriend Justin Timberlake - because she's commitment-phobic.

Derek Jeter and Jessica Biel Still Hooking Up  —  Call it a relationship, or an extended one-night stand.  Whatever it is, it seems to still be going on.  From People: … Jessica Biel and Derek Jeter Heat Up Las Vegas [People]  —  (Image source)

ASHLEE SIMPSON WEARS SKECHERS  —  good morning!  i hope no one is wearing skechers right now...have a look at ms. ashlee simpson's latest foray into brand endorsement - there she is below sporting her new face (i swear everytime i see a picture of her lately i have to do a double take) in an ad for skecher's footwear!

Rihanna Is Well Padded  —  Seeing as most of the big named celebrities have been turning my stomach as of late with their panty-less antics, 5 minute marriages and skanky sex tapes, I think I'll stick with lesser known stars today.  And who better than Rihanna?  She seems like a nice girl.

Jessica Simpson Sex Tape  —  Pop princess Jessica Simpson is the newest celebrity rumored to have a soon-to-be-released sex tape.  The Post-Chronicle reveals … Somehow, these celebrity sexcapades always end up in the hands of the same people responsible for the Pam Anderson/Tommy Lee video.

Paris:"Firecrotch Is No Longer Welcome!"  —  As we told you before, Lindsay and Paris exchanged some words inside of Hyde last night.  But what you haven't seen is what happened after the club shut down!  Paris and Britney took the party over to Paris' pad where our photographers recorded someone …

Petra Nemcova & James Blunt: 'Very Much in Love'  —  By Mark Dagostino with Kristen Mascia  —  Ignore those rumblings that Petra Nemcova and "You're Beautiful" singer James Blunt are on the rocks.  —  The model, 27, tells PEOPLE, "We're very much in love."

Matt Lauer, Wife Welcome A Boy  —  Matt Lauer and wife Annette welcomed their third child, a son named Thijs, on Tuesday.  —  "The baby was born this morning at 9:37 a.m. in New York City.  He weighed 7 lbs., 4 oz.," says Today spokesperson Megan Kopf.  "Mom, Dad and baby are all very happy."

One For the Road  —  Britney's post-Kevin celebration is still in full swing!  Last night, we caught her toasting her new-found single status at LA eatery Dan Tana's...in fact, she was still toasting all the way to the car, with a glass of wine in one hand and a ciggy in the other!

PETA names Nicole Richie worst-dressed celeb  —  Ashley Olsen, Eva Longoria also make this year's list  —  Nicole Richie has more to deal with than denying that she has an eating disorder: PETA has just named Richie the world's worst-dressed celeb.  —  "This pelt-wearing party girl …

Lips Don't Lie  —  Ye gods ... things just keep going from worst to more worst ... like ... how is it possible to cast all the frequent vagina slips that Britney Spears has been throwing around like used pieces of gum in a positive light?  I realize that she has been out of the party-girl scene …