Let the songwriting begin.
"They quietly parted ways a while ago," the friend explains of the "We Are Never Ever Getting Back Together" crooner, 22, and the high school senior, 18. "It was just a distance thing. No hard feelings. They're fine."
First spotted with the six-time Grammy winner at the Kennedy family compound in Hyannisport, MA in July, Conor is the son of Robert F. Kennedy, Jr. and the late Mary Kennedy.
But despite Swift's speedy summertime bond with her new man and his brood, the romance had to take a backseat to Swift's work duties. (Her new album, Red, was just released this week with record-breaking sales and widespread critical acclaim.)
"It's been over a month since they've even seen each other," the friend explains. "With her promotion for Red, she has no time off until the end of the year."