Rec Room’s shutdown is one of the biggest Seattle startup implosions in recent memory — and it raises questions about whether ...

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 ...

Rec Room is a VR hub where gamers from across the world can play with one another or with their friends, hang out, explore millions of player-created rooms and customize their avatars. The platform ...

“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 ...

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 ...

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, ...

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 ...