Celebrity.VuxK.Com VuxK Network

The first public photos of Knox and Vivienne Jolie-Pitt have already been taken! And, despite our suggestion to nobody in particular that Brad and Angelina split their newborn twins into two separate photo shoots to really maximize profit potential, the babies were photographed together.

But the babies will be split up in one sense: People magazine has secured North American rights to the photos, while British tabloid Hello!, which sports numerous international editions, will have other worldwide rights.

Fourteen of the 17 staffers at Fortune Small Business (essentially a tool of American Express) are being let go. The remaining three will be shuffled to some obscure division of Time Inc., where they’ll be asked to churn out advertiser-friendly copy. Read: Whatever AmEx wants. Update: Maybe those 14 staffers have hope after all? And maybe AmEx doesn’t control what appears in the magazine? Scandal!

OBLIGATORY TITLES Former Time Inc. chief and current Carlyle Group hand Norm Pearlstine is heading to Bloomberg LP, where he will assume the role of chief content officer. [Dealbook] Which begs the question: WTF is with these “chief content officers”?

If Time Inc. chief Ann Moore wanted to keep secret her plans to continue trimming the publisher’s portoflio, perhaps she should have removed the “Trim Portfolio” slide from her PowerPoint presentation. With new CEO Jeff Bewkes leading a company-wide consolidation effort, the publishing unit is expected to see some fallout, with shelter titles in the most jeopardy. Sorry, both This Old House subscribers, but you might have to rely on the TV show alone.