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Beverly Hills City Hall provides a Hollywood-lit backdrop for the Vanity Fair soiree. Stars have so many parties that they often don't hit Vanity Fair, the toughest ticket, until 1 a.m.or later. Photo: Axios

Vanity Fair's Oscar Party, which starts when the telecast ends, is a paradise for power people-watching: Chelsea Handler, winners toting their statuettes, Jon Hamm, James and Lachlan Murdoch, Preet Bharara, Tyler Perry, Danny Glover, Jeff Bezos chatting with Jared Leto, Evan Spiegel, Robert Kraft, and on and on.

Radhika Jones, Vanity Fair's new editor, continued the tradition, and Axios takes you inside the Wallis Annenberg Center for the Performing Arts.

Leslie Bibb and Sam Rockwell, who won Best Supporting Actor for his performance in “Three Billboards Outside Ebbing, Missouri” Photo: John Shearer / Getty Images
Jared Leto clowns around on his way in. Photo: Taylor Hill / FilmMagic
Sarah Jones, who lives in New York and L.A., toted a purse by Michele Pred. Photo: Axios
Guests were offered Dom Perignon as they entered. Photo: Axios
After 10:30 p.m., In-N-Out caterers passed cheeseburgers, hamburgers and grilled cheese. Photo: Axios
Smoking was allowed outdoors — it's been awhile since I've seen souvenir matches. Photo: Axios
Later in the night, a backup blocked the carpet into the party as guests posted for the long line of photographers. Photo: Axios

Get more stories like this by signing up for our daily morning newsletter, Axios AM. 

Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
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Go deeper

The modern way to hire a big-city police chief

Illustration: Annelise Capossela/Axios

When it comes to picking a city's top cop, closed-door selection processes have been replaced by highly public exercises where everyone gets to vet the candidates — who must have better community-relations skills than ever.

Why it matters: In the post-George-Floyd era, with policing under utmost scrutiny, the choosing of a police chief has become something akin to an election, with the need to build consensus around a candidate. And the candidate pool has gotten smaller.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Speculative crypto art market takes off

Illustration: Aïda Amer/Axios

Move over, GameStop. The newest speculative game in town is NFTs — digital files that can be owned and traded on a plethora of new online platforms.

Why it matters: Most NFTs include some kind of still or moving image, which makes them similar to many physical art objects. Some of them, including a gif of Nyan Cat flying through the sky with a pop-tart body and rainbow trail, can be worth more than your house.

New coronavirus cases fall by 20%

Expand chart
Data: The COVID Tracking Project, state health departments; Map: Andrew Witherspoon/Axios

New coronavirus infections continued their sharp decline over the past week, and are now back down to pre-Thanksgiving levels.

The big picture: Given the U.S.’ experience over the past year, it can be hard to trust anything that looks like good news, without fearing that another shoe is about to drop. But the U.S. really is doing something right lately. Cases are way down, vaccinations are way up, and that’s going to save a lot of lives.