Rec Room Faces Shutdown After Struggles with Profitability
Rec Room, once valued at $3.5 billion, will shut down on June 1, 2026, due to ongoing profitability issues. The platform had over 150 million users.
Metaverse: Meta’s Shift: The Future of the Beyond Horizon Worlds
Meta's Horizon Worlds will no longer be available in VR after June 15, 2026, as the company pivots its focus within the metaverse.