1. The best part of the @ItsBlueIvy fake Twitter account? The photo.
2. Patti Smith is playing a (controversial) concert exclusively for the tenants of the Chelsea Hotel (222 W. 23rd Street) tomorrow night, January 12, 8 p.m. ChelseaHotelBlog.com says the concert is sponsored by developer Joseph Chetrit, who is currently evicting the hotel's residents and demolishing the storied hotel's apartments. Smith responded on her site today, writing "My small performance for the tenants was my own idea. My hope is that we might have a nice evening and the opportunity to communicate directly. I am an independent person, not owned or directed by anyone. My allegiance is to the Hotel itself, and I have done nothing to tarnish it. It is very difficult for me to embrace change, but my great hope is to witness the Hotel Chelsea find a strong and positive place in the twenty-first century." [Via Gothamist]
3. Breathe in and hold it! A new government study revealed that long-term marijuana use doesn't impair lung function. In fact, the study found that pot smokers performed slightly better than non-smokers. [New York Times]
4. Listen to Scout LaRue (daughter of Demi Moore and Bruce Willis) singing on the latest track, "With Only One Glance," from hot 21-year-old artist/producer Nicolas Jaar. [Bullett Media]
5. Alison Sudol (aka A Fine Frenzy) plays a short set on January 20th during the Sundance Film Festival. She kicks-off a daily music program sponsored by ASCAP at Rich Haines Galleries. Other musicians performing include John Forté and Flying Lotus.
6. View-Master is going digital. Fisher Price announced plans to sell $1.99 packages of 3-D images that will be viewable on various devices including 3-D televisions. [Engadget]
7. Andre Saraiva's NYC club, Le Baron, (32 Mulberry Street), finally got a liquor license and will open soon. [Eater]
8. Stock-up on your Ding-Dongs. The company that makes Twinkies and Ding-Dongs, Hostess Brands, filed for bankruptcy protection. Honestly, we wouldn't worry. They're just re-organizing things and don't expect any shortages of their iconic snacks. [WSJ]