Brentwood locals Governor Arnold Schwarzenegger and Maria Shriver announce their separation after 25 years of marriage. [KTLA]
In what is the tech world's biggest deal in years, Microsoft Corp. will acquire the Silver Lake-based Skype Global company for a cool $8.5 billion. [LATimes]
Speculation over the newlywed royal couple's honeymoon plans points to a jaunt in the Seychelles islands off the coast of East Africa for William and Kate. [KABC]
Google plans to launch its own music service provider similar to Amazon's as early as today that's expected to allow users to stream music, but not download it. [WSJ]
After behaving erratically and appearing intoxicated, Whitney Houston has been banned from Prince's ongoing 21-night L.A. concert stint and is back in (out-patient) rehab. [TMZ]