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2012 Oscars Latest News, Photos, and Videos

Cameron Diaz - Vanity Fair Oscar Party

Cameron Diaz hits the Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

The 39-year-old actress changed out of her Gucci gown she wore earlier in the evening at the award show and into a bright orange Victoria Beckham dress.

PHOTOS: Check out the latest pics of Cameron Diaz

During the Oscar telecast, Cameron hit the stage with Jennifer Lopez to present the Best Costume Design and Best Makeup awards.

FYI: Cameron accessorized with David Webb jewelry.

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January Jones - Vanity Fair Oscar Party

January Jones is all smiles while arriving at the Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

Earlier in the week, a new teaser for the 34-year-old actress’s AMC show, Mad Men, was released.

PHOTOS: Check out the latest pics of January Jones

January‘s character got her own sneak peek titled “Betty Is Back.” Tune in for the season five premiere of Mad Men March 25!

FYI: January is wearing Wes Gordon.

10+ pictures inside of January Jones at the Vanity Fair Oscar Party…
More Here! »

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Tom Cruise & Katie Holmes - Vanity Fair Oscar Party

Tom Cruise and wife Katie Holmes attend the Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

The 33-year-old actress wore a strapless sapphire chiffon gown with a velvet waistband and an embellished bodice from Elie Saab‘s Haute Couture collection.

She finished off her look with a Lanvin purse, Chanel shoes, and her own jewels.

Earlier in the evening, Tom attended the award show where he presented the Best Picture honor to The Artist.

The silent film’s star, Jean Dujardin, also picked up the Best Actor award and its director, Michel Hazanavicius, was named Best Director!

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Gwen Stefani - Elton John Oscar Party

Gwen Stefani poses for a picture with Elton John at the Elton John AIDS Foundation Academy Awards Viewing Party at the City of West Hollywood Park on Sunday (February 26) in West Hollywood, Calif.

The 42-year-old rocker and fashion designer looked fabulous in a skin tight Zuhair Murad dress.

PHOTOS: Check out the latest pics of Gwen Stefani

Gwen was joined at the event by a ton of celebrities including Brooklyn Decker, Chace Crawford, Miley Cyrus and beau Liam Hemsworth, Katy Perry, Dianna Agron, Chris Colfer, Ian Somerhalder, Nina Dobrev and more!

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Lily Collins - Vanity Fair Oscar Party

Lily Collins strikes a pose at the Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

The 22-year-old actress donned a nude and blue embroidered tulle ball gown by Monique Lhuillier and accessorized with Tiffany & Co. jewelry and a Ferragamo clutch.

PHOTOS: Check out the latest pics of Lily Collins

The night before, Lily joined celebs, including Teresa Palmer and Olga Kurylenko, at the Chanel and Charles Finch pre-Oscar dinner.

15+ pictures inside of Lily Collins at the Vanity Fair Oscar Party…
More Here! »

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Diane Kruger - Vanity Fair Oscar Party

Diane Kruger shows some skin at the Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

The 35-year-old actress went with a red Calvin Klein Collection ensemble for the big star studded night out.

PHOTOS: Check out the latest pics of Diane Kruger

Inside the party, Diane was spotted schmoozing with fashion designer Victoria Beckham and her soccer star hubby David Beckham, a partygoer told JustJared.com!

The night before, Diane looked stunning at the Chanel and Charles Finch Pre-Oscar Dinner in Los Angeles.

FYI: Diane is carrying a Judith Leiber clutch.

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