Billboard Bits serves up the best bite-sized nuggets of music news and gossip.

Taylor Momsen Still 'Gossip Girl' Regular

While her ventures into music and questionable off-screen behavior put Taylor Momsen on an indefinite hiatus from "Gossip Girl," the actress will reportedly be reprising her role as Jenny Humphry on the CW hit. "She is still a series regular," says a source close to the show, who insists that her downplayed role on the show "has nothing to do with her bad behavior or her music career." ( People)

Kanye West Buys 10 Fatburger Restaurants

Not satisfied with already owning two Fatburger restaurants, Kanye West has opted to buy the rights of 10 of the chain's locations in his hometown of Chicago. West, who recently teamed with Parlux to design his own cologne, purchased the rights to the restaurants through his KW Foods LLC holding company. ( The Daily Beast)

Anderson Cooper Shares Lady Gaga Interview Details

CNN anchor Anderson Cooper has called Lady Gaga a "fascinating person" after spending multiple weekends interviewing the singer earlier this year for "60 Minutes." "It's really interesting and I'm learning stuff about her I never saw before," says Cooper, whose "60 Minutes" segment with Gaga will likely air in February 2011 on CBS. ( Gaga-Now via MTV)

Jessica Simpson: 'No Babies Yet'

After announcing her engagement to former football player Eric Johnson last week, Jessica Simpson has squashed the swirling rumors that the couple decided to get hitched because a baby was on the way. "There are no babies yet," says the singer. "But I definitely see myself having a family with him, so that's exciting to think about." ( PopEater)

Sufjan Stevens Tribute Album Out in March

"Seven Swans Reimagined," a tribute to folk singer Sufjan Stevens' 2004 album "Seven Swans," will be released digitally on March 22, 2011. Bonnie "Prince" Billy and "Auto-Tune the News" jokesters the Gregory Brothers are among the artists involved in the track-by-track cover album. (Pitchfork)

Jenni Rivera Returning to Reality Show

Regional Mexican diva Jenni Rivera will return to bilingual television network mun2 for a second session of her reality show. The new season of "Jenni Rivera Presents," kicks off in spring 2011. The show is an off-shoot of "Jenni Rivera Presents Chiquis and Raq-C" and will once again focus on Rivera, her daughter Chiquis and the family business. During its first season, which aired between July and September 2010, total viewership reached nearly 4 million, according to Nielsen numbers released by mun2.

(Reporting by Jason Lipshutz and Leila Cobo)