“Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in a statement. “Our costs always ended up overwhelming the revenue we ...

If you’ve spent any time in virtual hangout spaces over the last decade, chances are you’ve heard of Rec Room. The social gaming platform became a staple for millions of players who used it to hang ...

Snap has acquired select assets from Rec Room Inc., with some employees joining the Spectacles hardware subsidiary, as the Seattle-based social gaming company shuts down its platform on June 1.

Forbes contributors publish independent expert analyses and insights. Tim Casey is a reporter who covers basketball and sports business. Rec, a technology company serving the parks and recreation ...

Jaume Balagueró and Paco Plaza’s [REC] is one of the scariest movies of all time. As a precursor to the more frenzied, action-oriented found footage horrors that would define the 2010s, [REC] ...

Unsurprisingly, the editors of Men’s Health test out a wide range of athletic and athleisure apparel. It’s rare that we find brands that are universally beloved. Public Rec is one of those unicorn ...

Rec Room, the Seattle-based social gaming company once valued at $3.5 billion, is shutting down its platform on June 1, leaving the future of the company and its employees unclear. The company made ...

The social gaming platform started in VR, and has seen growth on mobile, consoles and more during the pandemic. Now it's valued at $3.5 billion. Ian Sherr Contributor and Former Editor at Large / News ...

Rec Room, the popular social VR platform, is putting on its first in-game music festival this weekend, suitably dubbed ‘Rec Rocks’. The immersive concert experience is set to take place this weekend, ...