Social VR platform Rec Room, once valued at $3.5 billion, announced earlier this week that it will be shutting down in June.
Rec Room, one of VR’s most prominent social platforms, is shutting down in June, with its creators noting they “never quite ...
Rec Room will shut down June 1, 2026, due to profitability issues, despite millions of users, sparking backlash from fans.
"The path to profitability has gotten tough enough that we've made the difficult decision to shut things down." ...
Rec Room, another popular virtual reality hangout, is shutting down—further proof that the metaverse is dead.