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Blue Ivy Carter ... the new princess of rap?!?

Jay Z and Beyonce's 5-year-old daughter spit rhymes in one of Jay's bonus tracks following the release of his "4:44" album on iTunes.

Blue Ivy makes her captivating debut in "Blue's Freestyle/We Family." We'll keep it real -- it's hard to tell what she's saying but it's still pretty freaking awesome how she keeps that beat on point. You can clearly hear her rap, "boom shakalaka" and "Never seen a ceiling in my whole life."

Winning life at kindergarten ... damn.

Milo Yiannopoulos says he's just like John Oliver ... except way on the other end of the spectrum.

The extreme right-wing conservative made the comparison Thursday night as he was leaving The DL in NYC where he went off on famed publisher Simon & Schuster for cancelling his book deal.

You'll recall, Milo took a bunch of L's back in February -- UC Berkeley cancelled his speech after violent protests erupted on campus. He then was forced to resign as senior editor at Breitbart after defending pedophilia in a year-old interview that resurfaced. The mounting pressure prompted Simon & Schuster to act.

Ivanka Trump got a visitor at Trump Tower who showed up armed with throwing knives and a bulletproof vest under his suit ... according to the Secret Service.

Law enforcement sources tell us agents busted Sixto Benitez Thursday at Trump Tower when his knives and vest set off a metal detector. Agents patted him down and removed the weapons. When he was taken into custody, we're told he claimed to own Trump Tower and that he was a U.S. Senator there to see Ivanka.

Ivanka was not at Trump Tower at the time.

Iggy Azalea's ass is bursting at the seams ... literally.

The rapper turned heads -- and might've broken some necks, too -- wearing these pretty damn revealing red latex pants Thursday at Univision's Premios Juventud (think Teen Choice Awards).

She performed her new song, "Switch" ... and while everyone no doubt enjoyed the performance, it's pretty clear her outfit -- OK, more like THAT ASS!!! -- stole the spotlight.

We here at TMZ salute 1) the designer of that outfit and 2) whoever suggested Iggy wear the outfit.

Well this just got very interesting ...

Floyd Mayweather has officially tapped boxing superstar Gervonta Davis to fight in the "co-main event" at the Mayweather vs. McGregor fight, TMZ Sports has learned.

Davis is a killer -- he's 18-0 with 17 knockouts including a ridiculously violent victory over Liam Walsh back in May.

We spoke with "Tank" -- who tells us he's fired up about fighting on August 26 ... even though promoters haven't nailed down his opponent yet.

The Under Armour sponsored superstar says it's down to two fighters -- but promises he'll put either one of his potential opponents to sleep.

Gervonta says he's been training his ass off with Floyd -- and says he's confident he can knock out McGregor, too!

BTW, if you have spare time ... watch Tank's highlights. Dude's no joke.

Blac Chyna's side piece -- the guy posting pics of them naked together in bed to get back at Rob -- has a surprising response to all the drama ... a compliment.

Ferrari, a rapper, was outside Capitol Records in Hollywood Thursday ... and seemed unfazed by being square in the middle of the feud. Rob's called him out for banging Chyna, but Ferrari surprised us -- by NOT firing heat back at Rob.

Ferrari told us how he feels about Rob, but we're still not sure we're buying it.

For everything else -- including sex tape rumors -- he's deferring to Chyna. There's one thing we know for sure, though ... his chain looks familiar.

Tupac Shakur's final resting place -- the place he lived until his death -- is on the market, with a slab of hip-hop history ... the rapper's "Made N****z" lyrics are etched in stone.

The San Fernando Valley home is listed for $2.65 million. It's the place Tupac rented after being released from prison in 1995. He was in escrow to buy it outright when he was gunned down the following year in Vegas.

The 6,000 square foot, 6 bedroom home has been updated by the current owner, at a cost of around $1 million.

The owner wisely kept the the opening lyric in stone ... "Outlawz, Let no man separate what we create."

BTW ... the house is steeped in music history. Limp Bizkit's DJ Lethal also called it home.

If you thought Steve-O was wild in "Jackass," then strap in for his new project that supposedly puts Johnny Knoxville's stunts to shame ... with things like human snow angels doused in burning rocket engine fuel.

Steve-O posted a video Thursday in which he's covered in boils from what look like 1st or maybe even 2nd degree burns ... from the "fire angels" stunt. He won't show us the stunt ... just the aftermath. It's part of a new comedy special Steve O's doing with "Jackass" director Jeff Tremaine.

No word on a release date yet -- but this sounds epic ... and painful.

Tay Zonday was only 25 years old when he gained fame after his bizarre song 'Chocolate Rain' went viral way back in 2007. Guess what he looks like now at 35!

HERE'S THE RUNDOWN

Tyga's not worried about Rob Kardashian dragging his name into the all out war with Blac Chyna because he's focused on being Super Dad ... for real.

Chyna, and Kylie Jenner's ex, has been on the sidelines while Rob and BC aired their dirty laundry over social media, but Thursday at LAX he opened up ... although reluctantly. His face said a lot!

Tyga has custody of King -- his son with Chyna -- at least 50 percent of the time, which explains his perspective on the Rob feud.

As for his baby mama -- Tyga could've easily taken a cheap shot, but took the high road. For real.

T.I. and Tiny guaranteed their "safe travels" over the holiday by rolling into a Detroit club with security guards packing heavy artillery.

The rapper and his wife -- yup, they're back on again -- along with other Xscape members traveled to Touch Lounge for a 4th of July appearance, and their bodyguards were armed with assault rifles and sported bulletproof vests.

We're told the security team was provided as part of their appearance deal. If you're wondering ... Michigan's an open-carry state, and this isn't the first time we've seen the big guns out in clubs there.

Joan Lee, the wife of Marvel Comics icon Stan Lee has died, according to a spokesperson for the Lee family.

The rep said Joan died Thursday morning surrounded by family. Joan reportedly suffered a stroke earlier this week and was hospitalized before passing away.

Stan and Joan got hitched back in 1947, and have been together ever since. They had 2 children together -- one of whom passed away shortly after birth.

Joan was a British hat model in her younger years, and met Stan when he went to her store to ask someone else out on a date. Joan, who was married, moved to Nevada with Stan to get a quickie divorce from her then-husband.

The couple would have celebrated their 70th anniversary in December. Joan was 93.

Faizon Love is getting off easy for his brutal beatdown of an airport valet ... as long as he's on his best behavior for a while.

The comedian and actor pled no contest to misdemeanor assault, and got a suspended sentence of 180 days in the county jail -- meaning that WILL be his punishment if he gets in trouble again over the next 2 years. He was also fined $500.

TMZ broke the story ... the "Couples Retreat" and "Elf" star absolutely manhandled the valet at Columbus International airport back in March.

Faizon claimed the guy spit on him ... though that's not clear in the video.

Brandi Glanville had carte blanche to criticize or poke fun at Joanna Krupa's genitals ... at least that's what Brandi claimed under oath.

Brandi was deposed in the infamous smelly vagina lawsuit filed by Joanna -- and told Joanna's lawyer ... she "didn't say anything that I knew to be false." You'll recall ... Brandi made the vajayjay claim during a 2015 'Watch What Happens Live' appearance.

According to the depo transcript, obtained by TMZ, Brandi also said you get what you sign up for when you're on a reality show. Joanna's lawyer asked, "Do you think that means you can say things like her pu**y smells?" Glanville replied, "Well, yeah."

Brandi also reiterated her claim the 'Housewives' contract bars cast members from suing each other. She insists being on the show means dealing with "the good, the bad and the ugly that comes along with it."

Tyga is fully out of the Kardashian spotlight ... but he's still treating himself to a life of luxury.

The rapper just picked up a baller Goyard pendant and 14 karat white gold chain with 60 carats worth of diamonds ... all for $188,000. The necklace also has a custom clasp with the name of his label ... Last Kings Records.

The ice, courtesy of If & Co. Jewelers, was delivered to Tyga earlier this week.

We're told his bling is already paid in full too ... so he doesn't have to worry about another bill in the mail.