Beyonce and Jay Z name babe - Ivy

Beyonce and Jay Z name babe - Ivy: One of Hollywood’s most anticipated babies has reportedly been welcomed into the world as The Houston Chronicle, E! News and other outlets confirm that Beyonce gave birth to a daughter tonight in New York City.

E! News reports that Beyonce and Jay-Z have named their first daughter: Blue Ivy Carter.

The news was un-officially confirmed by Jay-Z’s prodigy Rihanna, who Tweeted, “Welcome to the world Princess Carter! Love Aunty Rih!”

Family friend Russell Simmons also Tweeted, “Congrats to my good friends Beyonce and Jay-Z.”

The singer announced her pregnancy at the 2011 MTV Video Music Awards by cradling her burgeoning baby bump on the red carpet and after her performance of Love On Top.

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Beyonce Hit With $100 Million Lawsuit

R&B superstar Beyonce has been sued for $100Million .Beyonce made a lucrative agreement with Gate Five back in June 2010 for a game called 'Starpower: Beyonce,' but later demanded a new deal only to "abruptly abandon" the project.

Beyonce was first hit with the lawsuit back in April with Gate Five executives alleging the pop star put 70 staff members out of work and cost the company to lose its $7 million investment in the project, along with a projected $100 million in potential profits after pulling out of the video game plans without warning.

On Tuesday (Dec. 6) Beyonce's legal team applied to have the case thrown out at the Manhattan Supreme Court in New York, but judge Charles Ramos rejected the singer's request and ruled Gate Five can move forward with the lawsuit.

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