• Presumably this is what happens when you spend time hanging out with John Mayer: Dick Parsons (right), the former chairman and CEO of Time Warner and currently the chairman of the board of Citigroup, not only cheated on his wife of three decades with a "model-philanthropist" 29 years his junior, he fathered a child with her, too. [NYDN]
• Sean Penn and wife Robin Wright Penn may not be getting divorced after all. Weeks after filing for legal separation, Penn has withdrawn the motion, either because he only did it in a fit of anger, or because he got jealous after seeing Robin flirting with a handful of men at the Cannes Film Festival. [NYDN, P6]
• The "Real Housewives of New York" have all reportedly signed on for a third season and are expected to make upwards of $30,000 per episode. [MSNBC]