Ryan Phillippe on edge over Jake Gyllenhaal

“Ryan is pissed about Jake,� a Phillippe insider spills, adding that Phillippe, 32, told Witherspoon, 31, “he didn’t want ‘that guy’ around their kids [son Deacon, 3, and daughter Ava, 7] and then made some crude Brokeback Mountain remark.�

A Gyllenspoon says "Reese doesn't have Jake spend the night when the kids are around." And though the actor may be angry that Witherspoon is moving on, his feelings for Aussie actress Abbie Cornish, 25, are strong.

Phillippe & Abbie “ have been hanging out [again] since June.�

On August 5, the pair were seen strolling together in L.A.’s Franklin Canyon Park.

“They were laughing,� says an onlooker, “and obviously enjoying themselves.�