What goes up, must come down: Gucci goes to jail. [MTV]

Like Espana mentioned this morning, H&M preps to unveil it’s Jimmy Choo collection tomorrow, and while there’s not much under $100, it’s damn-near guaranteed to sell out within the first hour. Five New York locations are rolling out the red carpet – here’s what you need to know: [H&M]

Oprah talks to Palin about her efforts to ‘Go Rogue’ for the American people [HuffPo]

After reorganization, VIBE is relaunching its print edition with none other than Toronto’s own as cover boy. Do we like? [RapRadar]

Forbes just released its assessment of the world’s most powerful. Obama tops the list, Osama finds himself in the middle, and Chavez closes it out. Interestingly enough, only 3 of the 67 (4 %) are women. What would Feministing say? [Forbes]

President Obama jet-sets across the Pacific. First stop: Tokyo! [CNN]

Today’s NewsBites are brought to you by Miss Ifeoma. Welcome her to the Parlour FamBam!

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