Daily Chisme: Wilmer Valderrama is 'King of the Floor'

It's Monday, chismosos! Time to get your daily dose of gossip:

- He just gave us the scoop on his upcoming album, and now Wilmer Valderrama has announced the debut of his new YouTube reality competition show King of the Floor. According to The Huffington Post, Wilmer's new series allows audiences a glimpse into the world of underground break-dancing. Are you going to watch Wilmer Valderrama's new YouTube series?

- Selena Gomez is going to be enlisting a little bit of help from her singer boyfriend Justin Bieber. Perez Hilton is reporting that the Canadian pop star will be writing songs for Selena's next album.

- The 2012 Summer Olympics kicked off on Friday, and one of our very own scored the U.S. its very first gold medal win. Latino swimmer Ryan Lochte won the 400-meter individual medley by more than three seconds against Michael Phelps. NBC Latino is calling the win a "blowout." Congrats, Ryan & Team USA!

Watch an episode of King of the Floor below: