Morning Memo: Bristol Palin Gives Birth; Zooey Deschanel Engaged to Death Cab Frontman; Safe Rides by P. Diddy

Chris Noth-owned Saturday Night Live hangout The Cutting Room will close on January 13th because of rent hikes, though it may re-open in another location at some point. [P6]

If you’re hanging out in Chelsea or Times Square on New Year’s Eve, P. Diddy (and Ciroc Vodka) will pay for your cab home. [NYDN]

Actress Zooey Deschanel is engaged to Death Cab for Cutie frontman Ben Gibbard. [People]

In case you missed it, Bristol Palin gave birth yesterday to a son, the creatively named Tripp Easton Mitchell Johnston. [Us Weekly]

Next up for How to Lose Friends and Alienate People author Toby Young: a charter school. [WWD via Gawker] 

Donald Trump is upset that Rebecca Jarvis, a former Apprentice contestant and current CNBC reporter, neglected to remind the public of her reality TV past in a recent on-air promo. [P6]

Now that he’s hooked up with Madonna, 20-year-old Jesus Luz‘s modeling rate will likely rise. [The Cut]