Latina editorial director Betty Cortina has been telling staffers today that she's leaving the magazine, and she's set to be replaced by powerhouse former Vibe editor Mimi Valdes, a source tells Daily Intel. "It seems amicable," says the spy. "There was a new CEO hired in April, and there have been lots of changes since then. But this is the big one." Latina has a readership of 2 million. As far as we know, Valdes hasn't been up to much since she and much of her staff were rudely booted from Vibe last summer, so this is a coup. As is blogging real news after 6 p.m.!

Latina [Official site]