Mubarak Steps Down!

HT: Easterly

The vice president announced that power has been handed over to the military.

"In these difficult circumstances that the country is passing through, President Hosni Mubarak has decided to leave the position of the presidency," Suleiman said. He has commissioned the armed forces council to direct the issues of the state."

Read more: http://www.foxnews.com/world/2011/02/11/egyptian-president-hosni-mubarak-steps/#ixzz1DfeGF47b

From CNN:

Egyptian protest leader Wael Ghonim sent out a Twitter message saying "congratulations Egypt the criminal has left the palace." 

Iran takes some credit:

The crisis that is roiling a regional ally of the United States dominated the celebration. Ahmadinejad said that a revered 9th-century Shiite saint, the 12th imam Mahdi, is managing the uprisings in Egypt and Tunisia.

Tavalodet mobarak, Egypt!
(Tavalodet mobarak is Happy Birthday in Fahrsi, which I grant is what they speak in Iran, not in Egypt, but it's the closest local language I can get to it and it is - I think - a clever pun.)