Blake Lively, Leonardo DiCaprio Together in Italy

Newly single Leonardo DiCaprio was spotted Sunday in Portofino, Italy with Blake Lively.

DiCaprio, 36, and Lively, 23, were caught hugging on a yacht Tuesday during the Cannes Film Festival.

Earlier this month, sources confirmed to Us Weekly that DiCaprio and supermodel Bar Rafaeli, 25, ended their five year relationship.

So are things really over for the Oscar nominated actor and Rafaeli? "They do this every two years," a source pointed out to Us. "They could be back together next week."

Lively ended things with Penn Badgley, her beau of three years and Gossip Girl costar, in September 2010.

Credit: Us Magazine

Taylor Momsen, Jessica Szohr Leave Gossip Girl

Attention, Upper East Siders: Gossip Girl has two less ladies in its midst.

Taylor Momsen and Jessica Szohr have left the CW hit's cast, and will not be returning for the fifth season. After TVLine broke the story, a show insider confirms the news to Us Weekly.

Both Momsen (as little sister Jenny Humphrey), 17, and Szohr (as Brooklynite Vanessa Abrams), 26, had been with the show since its fall 2007 debut; TVLine reports that they have been invited to make future guest-star appearances.

The remaining Gossip Girl gang, however, is intact, with Blake Lively, Leighton Meester, Penn Badgley, Ed Westwick and Chace Crawford all confirmed to return; actress Kaylee DeFer is also joining the permanent cast as Charlie Rhodes, cousin to Serena van der Woodsen (Lively).

Last November, Momsen -- who has kept busy with her band Pretty Reckless -- began an "indefinite hiatus" from the show amid numerous headlines about her shocking wardrobe and foul-mouthed interviews.

Credit: Us Magazine