Cosmetics Company acquires eleven Hailey Bieber’s Rhode Beauty Brand for $ 1 billion, Davido REARN WITH DAUND Accelerate after dispute with Sophia MomododChelsea wins the Conference League. Stay informed of our Rave News DigestSummarizing those five of the most popular worldwide news stories that you have to overtake, which saves you time and energy. Consider it your daily news solution.
Here is an overview of five of the most popular news topics …
1. Cosmetics Company Eleven acquires the Rhode Beauty brand from Hailey Bieber for $ 1 billion
New: Rhode, the beauty brand founded by Hailey Bieber, is taken over by eleven cosmetics in a $ 1 billion deal, the companies are planning to announce later today.@rachelstrugatz has exclusive details, link in thread 👇 pic.twitter.com/vlqhdetxur
– Puck (@pucknews) May 28, 2025
Elf Beauty took over the Skincare and Cosmetics brand from Hailey Bieber, Rhode, in a milestone of $ 1 billion deal, the companies announced on Wednesday. The acquisition comprises $ 600 million in cash, $ 200 million in newly issued eleven Beauty shares and an extra $ 200 million conditional to the growth of Rhode in the next three years. Bieber, 28, will remain closely involved as Chief Creative Officer of the brand and head of innovation, as well as a strategic adviser for the merged companies. Rhode, launched in 2022 and named after the middle name of Hailey Bieber, generated $ 212 million in net turnover in the 12 months ending on 31 March and will go through Sephora in North America and the UK later this year and the UK.
De Deal marks a large extension for Elf, a beauty company established in California that is known for its affordable, vegan and cruelty -free products. Elf has built up a strong position in the cosmetics industry by using trends on social media and offering cost-conscious alternatives for high-quality products. With Rhode’s youthful branding and minimalist “Clean Girl” Aesthetics, which, in contrast to the glamorous styles of previous beauty icons, the ELF acquisition positions to further dominate the Gen Z and Millennial markets. CEO Tarang Amin praised Rhode as a “Disruptor like -minded,” Coordinating on the mission of eleven to reform the beauty industry.
2. Davido reunits with daughter Imade after dispute with Sophia Momodod
“Best day of my life” – Davido explains while he reunits with his daughter, Imade Adeleke, after a long divorce. pic.twitter.com/bfkpembdj7
– Kolaqhazim (@kolaqhazim) May 29, 2025
Afrobeats -Superster Davido is joyfully reunited with his first daughter, Imade AdelekeAfter a months of public dispute with her mother, Sophia Momodod. The celebrated singer, who had been entangled in a statutory disagreement with Momodo about guardianship affairs, went to social media to share a moving picture of the reunion. In the sincere post, Davido described the moment as “The best day of my life”, While he kept Imade nearby, they both smiled clearly – a view that fans’s hearts melted on social media.
Further glimpse of the father-daughter reunion was shared on Davido’s Instagram stories, including a video of Imade in the family house of Adeleke and a photo of her comfortable on the Governor’s lap Breathola AdelekeDavido’s uncle. The emotional reunion marks a hopeful turning point in what had been a tense chapter for the Adeleke family. Since then, proponents and colleague celebrities have flooded social media with warm messages, in which the restored bond between Davido and his daughter is celebrated.
3. Elon Musk leaves the Trump government after he has led the effort to lower the federal government
Elon Musk announces his departure from the Trump government. pic.twitter.com/card0qp76r
– Pop Base (@Popbase) May 29, 2025
Elon Musk On Wednesday, he announced that he is declining from his role as head of the Department of Government Efficiency (Doge) and marks the end of a dramatic term as top advisor in the Trump government. Task to lower the size and expenditure of the federal government led Musk a major and controversial campaign that resulted in thousands of dismissed, deep cuts on the agency and widespread legal fights. Despite early ambitions to eliminate $ 2 trillion of government spending, Musk has considerably scaled his goals back, with reference to bureaucratic resistance and political friction within the administration.
The departure of Musk, announced in a position on his social platform X, follows recent public criticism of the flagship legislative package by President Trump, which was mocked as a “Solid expenditure account” That undermines the mission of Doge. White House officials confirmed that his exit was planned, although the timing surprised some. Speaker Mike Johnson Musk thanked for his contributions and promised continuous support for the findings of Doge. As Musk returns to concentrate on his private companies, including Tesla and SpaceX, the White House has submitted a dissolution package to the congress, with looking for elements of the expenditure musk.
4. Oscar MBO welcomes a new baby with his partner, Lerato
Congratulations to Oscarmbo and Lerato 👶🤰❤️ pic.twitter.com/elhjqjvk9j
– Hermaine M (@HerMainem) May 28, 2025
Oscar MBO And his partner Lerato Celebrate a new addition to their family. The much -praised music producer and DJ announced the arrival of their baby with an emotional post on social media, sharing moving images of a pregnancy photo shoot and a candid moment in the delivery room, where he lovingly rocked his newborn while he was wearing scrubs. Bite the post with “A loyal God. Glory,” Oscar expressed deep gratitude and joy, while Lerato reflected the sentiment with a sincere ‘I love you so dear. “
This marks the second child of Oscar, because he is already a dedicated father of a son whose dear moments he often shares online with fans. The announcement has been received with an outpouring of love and congratulatory reports from fans, colleague celebrities and colleagues from the industry. While the couple steps into this new chapter, their growing family has become another source of inspiration and warmth in Oscar’s journey, both personally and professional.
5. Chelsea wins the Conference League
Chelsea UEFA Conference League winners 2024/25 🏆 🏆 🏆 🏆 🏆 pic.twitter.com/qtdtcnpdwbbbb
– Sky Sports Football (@skyfootball) May 28, 2025
Chelsea has etched their name in European football history by becoming the first club to won all five large UEFA trophies, sealed their estate with a 4-1 comeback victory on real betis in the UEFA Conference League final. The Triumph is held in the Wroclaw stadium in Poland and completes a rare continental collection with the Champions League, Europa League, Super Cup and Cup Winners’ Cup. Although he got behind early on a ninth minute strike Abde EzzalzouliThe blues gathered with an inspired second half performance orchestrated by manager Enzo Marescas Young and dynamic team.
Cole Palmer led the revival and offered two crucial assists – first for Enzo Fernandez’s equalizer and then for Nicolas Jackson To lead Chelsea. The momentum continued as replacements Kiernan Dewsbury-Hall And Jadon Sancho Combined for a third goal, with Sanchos Curling finish that ignited the Chelsea believers. The last flowering came thanks Moises Caicedowhose long -distance effort has sealed the emphatic victory. As singing of “We all won it” Picked up over the stands, Chelsea lifted the conference competition trophy and confirmed their place as the most complete club champions of European football.
Featured image: @Haileybieber/Instagram
Our weekday News Digest summarizes five of the most popular news topics worldwide – including celebrities news from Hollywood to Nollywood, the latest trending worldwide headlines from American reports to top African news today, and the best sports stories in 2025.
Follow us on Instagram for the latest fashion, lifestyle and culture on Instagram @Stylerave_
– Read also
