Photos: London 2012 Olympics Closing Ceremony
One Direction performs during the Closing Ceremony of the London 2012 Olympic Games.

Welcome to the Friday, August 24 edition of "The Beat," Billboard.com's daily music news show, featuring host Jonathan Brooks running down the latest music news -- who's making headlines and who's topping the charts.

In today's episode, J.B. doles out the latest on One Direction announcing a new album and single, LL Coo l J taking down an intruder, Rick Ross i nviting magician David Coperfield onstage in Las Vegas and more.

Be sure to come back to Billboard.com each weekday afternoon to watch a fresh episode of "The Beat."

Questions? Comments? Let us know: @billboard

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