Damn. I just saw this too.
Since this accident only just happened, the report of both pilots KIA is unlikely to be from anything remotely official, and from the photo, the canopy and ejection seats are all absent, which strongly indicates that the pilots ejected to me. If the pilots ejected, then there is a good chance they survived. Here's to hoping the reports of the pilots' demise are greatly exaggerated.
Also, looking at the picture, does anyone else think the colour of the plane looks a little yellowish?