The Seattle social gaming platform, once valued at $3.5 billion, shuts down at noon Pacific today after a decade and 150 ...

Rec Room, the multiplayer VR video game that enjoyed niche popularity with millions of loyal players worldwide, is shutting down. The Seattle-based eponymous developer behind the game announced Monday ...

“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 ...

Social VR platform Rec Room announced it’s laying off around half of its staff, citing low-level content which has flooded the platform from users on mobile and console. Founded in 2016, the studio ...