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Cosmetics company E.l.f. acquires Hailey Bieber’s Rhode beauty brand for $1 billion, Davido reunites with daughter Imade after dispute with Sophia Momodu, Chelsea wins the Conference League. Stay in the know with our Rave News Digest, which summarizes five of the hottest global news stories you need to catch up on, saving you time and energy. Consider it your daily news fix.
Here is a rundown of five of the hottest news topics…
1. Cosmetics company E.l.f. acquires Hailey Bieber’s Rhode beauty brand for $1 billion
NEW: Rhode, the beauty brand founded by Hailey Bieber, is getting acquired by e.l.f. Cosmetics in a $1 billion deal, the companies plan to announce later today.@rachelstrugatz has exclusive details, link in thread 👇 pic.twitter.com/VlqhdETXur
— Puck (@PuckNews) May 28, 2025
E.l.f. Beauty has acquired Hailey Bieber’s skincare and cosmetics brand, Rhode, in a landmark $1 billion deal, the companies announced Wednesday. The acquisition includes $600 million in cash, $200 million in newly issued E.l.f. Beauty stock, and an additional $200 million contingent on Rhode’s growth over the next three years. Bieber, 28, will remain closely involved as the brand’s Chief Creative Officer and Head of Innovation, as well as a strategic adviser to the merged companies. Rhode, launched in 2022 and named after Hailey Bieber’s middle name, generated $212 million in net sales in the 12 months ending March 31 and is set to enter physical retail through Sephora in North America and the U.K. later this year.
The deal marks a major expansion for E.l.f., a California-based beauty company known for its affordable, vegan, and cruelty-free products. E.l.f. has built a strong foothold in the cosmetics industry by tapping into social media trends and offering cost-conscious alternatives to high-end products. With Rhode’s youthful branding and minimalist “clean girl” aesthetic, which stands in contrast to the glam-heavy styles of past beauty icons, the acquisition positions E.l.f. to further dominate the Gen Z and millennial markets. CEO Tarang Amin praised Rhode as a “like-minded disruptor,” aligning with E.l.f.’s mission to reshape the beauty industry.
2. Davido reunites with daughter Imade after dispute with Sophia Momodu
“Best day of my life” – Davido declares as he reunites with his daughter, Imade Adeleke, after a long separation. pic.twitter.com/bFKPeMBdj7
— kolaqhazim (@Kolaqhazim) May 29, 2025
Afrobeats superstar Davido has joyfully reunited with his first daughter, Imade Adeleke, following a months-long public dispute with her mother, Sophia Momodu. The celebrated singer, who had been entangled in a legal disagreement with Momodu over custody matters, took to social media to share a touching image of the reunion. In the heartfelt post, Davido described the moment as “the best day of my life,” as he held Imade close, both of them smiling brightly—a sight that melted the hearts of fans across social media.
Further glimpses into the father-daughter reunion were shared on Davido’s Instagram stories, including a video of Imade at the Adeleke family home and a photo of her sitting comfortably on the lap of Governor Ademola Adeleke, Davido’s uncle. The emotional reunion marks a hopeful turning point in what had been a tense chapter for the Adeleke family. Supporters and fellow celebrities have since flooded social media with warm messages, celebrating the restored bond between Davido and his daughter.
3. Elon Musk is leaving the Trump administration after leading the effort to slash the federal government
Elon Musk announces his departure from the Trump administration. pic.twitter.com/CArD0qP76r
— Pop Base (@PopBase) May 29, 2025
Elon Musk announced Wednesday that he is stepping down from his role as head of the Department of Government Efficiency (DOGE), marking the end of a dramatic tenure as a top adviser in the Trump administration. Tasked with slashing the size and spending of the federal government, Musk led a sweeping, and controversial, campaign that resulted in thousands of layoffs, deep agency cuts, and widespread legal battles. Despite early ambitions to eliminate $2 trillion in government spending, Musk scaled back his goals significantly, citing bureaucratic resistance and political friction within the administration.
Musk’s departure, disclosed in a post on his social platform X, follows recent public criticism of President Trump’s flagship legislative package, which Musk derided as a “massive spending bill” that undercut DOGE’s mission. White House officials confirmed his exit was planned, though the timing surprised some. Speaker Mike Johnson thanked Musk for his contributions, pledging continued support for DOGE’s findings. As Musk returns to focus on his private ventures, including Tesla and SpaceX, the White House has submitted a rescission package to Congress, seeking to preserve elements of the spending cuts Musk championed.
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 are celebrating a new addition to their family. The acclaimed music producer and DJ announced the arrival of their baby with an emotional post on social media, sharing touching images from a pregnancy photo shoot and a candid moment in the delivery room, where he lovingly cradled his newborn while wearing scrubs. Captioning the post with “A faithful God. Glory,” Oscar expressed deep gratitude and joy, while Lerato echoed the sentiment with a heartfelt “I love you so much babe.”
This marks Oscar’s second child, as he is already a devoted father to a son whose sweet moments he frequently shares with fans online. The announcement has been met with an outpouring of love and congratulatory messages from fans, fellow celebrities, and industry peers. As the couple steps into this new chapter, their growing family has become yet another source of inspiration and warmth in Oscar’s journey, both personally and professionally.
5. Chelsea wins the Conference League
Chelsea UEFA Conference League winners 2024/25 🏆 pic.twitter.com/qTDtcNPDWb
— Sky Sports Football (@SkyFootball) May 28, 2025
Chelsea etched their name into European football history by becoming the first club to win all five major UEFA trophies, sealing their legacy with a 4-1 comeback victory over Real Betis in the UEFA Conference League final. Held at Stadion Wroclaw in Poland, the triumph completes a rare continental collection that includes the Champions League, Europa League, Super Cup, and Cup Winners’ Cup. Despite falling behind early to a ninth-minute strike by Abde Ezzalzouli, the Blues rallied with an inspired second-half performance orchestrated by manager Enzo Maresca’s young and dynamic squad.
Cole Palmer led the resurgence, providing two crucial assists—first for Enzo Fernandez’s equalizer and then for Nicolas Jackson to give Chelsea the lead. The momentum continued as substitutes Kiernan Dewsbury-Hall and Jadon Sancho combined for a third goal, with Sancho’s curling finish igniting the Chelsea faithful. The final flourish came courtesy of Moises Caicedo, whose long-range effort sealed the emphatic win. As chants of “We’ve won it all” echoed across the stands, Chelsea lifted the Conference League trophy and cemented their place as European football’s most complete club champions.
Featured Image: @haileybieber/Instagram
Our Weekday News Digest summarizes five of the hottest news topics worldwide–including celebrity news from Hollywood to Nollywood, the latest trending global headlines from American reports to top African news today, and the best sports stories in 2025.
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