Warpaint, a cosmetics rival, acquired Barry M, one of Britain's last family-run make-up brands, after it collapsed earlier this month, according to BBC Business. The takeover, valued at 1.4 million, will result in the closure of Barry M's factory in London and put 100 jobs at risk.
Barry M, founded in north London in 1982 by Barry Mero, was a favorite among make-up fans and drag queens for its eye-catching colors. The brand was stocked in approximately 1,300 shops across the UK, according to BBC Business. Dean Mero had been running the company since his father's death in 2014. Analysts suggested that Barry M struggled to innovate and was overtaken by competitors, inspired by the punk and New Romantic era.
In other news, the Munich Security Conference (MSC) is set to take place from February 13 to 15, with around 65 heads of state and government expected to attend, alongside 450 representatives from global politics, academia, and the defense industry, as reported by Euronews. A new report warns that the international order is under growing pressure, alliances are becoming more fragile, and geopolitical tensions are intensifying.
Meanwhile, a hacktivist scraped over 500,000 payment records from a provider of consumer-grade stalkerware phone surveillance apps, exposing the email addresses and partial payment information of customers who paid to spy on others, as detailed by TechCrunch. The transactions include records for services like Geofinder, uMobix, and Peekviewer, as well as Xnspy, a known phone surveillance app.
SpaceX founder Elon Musk announced on his social network that the company is pivoting from settling Mars to building a self-growing city on the Moon, according to Ars Technica. Musk stated that this could potentially be achieved in less than 10 years, compared to the 20 years needed for Mars.
Finally, Ferrari is set to unveil its first full electric car in 2026, with the interior designed by LoveFrom, the creative firm of Apple's former chief designer, Jony Ive, as reported by Wired. "We are entering a new era in Ferrari," said CEO Benedetto Vigna at the unveiling, which took place last week in San Francisco.
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