The free-to-play Roblox-like VR game Rec Room is shutting down after ten years. It never managed to become profitable despite ...

The firm also pointed to a "shift in the VR market" A major rival to Roblox is shutting down after failing to turn its large user base into a profitable business, 10 years after its launch. Rec Room ...

“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 ...

SINGAPORE: In Singapore, much has been said about the need to break away from an education “arms race”. This was reiterated by Education Minister Desmond Lee in parliament this month, when he ...

When Facebook changed its name to Meta a few years ago, the idea was that the VR metaverse would become a huge pillar for the company. I think we can safely say that's not going to happen. On its ...

Carolyn Gusoff has covered some of the most high profile news stories in the New York City area and is best known as a trusted, tenacious, consistent and caring voice of Long Island's concerns. Mynd ...

Researchers have developed a new system that uses smartphones instead of specialized motion-tracking hardware to create more realistic avatar movement in virtual reality (VR). The technology aims to ...

Artificial intelligence (AI) is quickly moving from pilot programs to point-of-care workflows, and every industry is learning to use it effectively. Healthcare has notoriously been slower to implement ...

Leading toy and entertainment company Mattel is venturing further into the social gaming world by bringing its UNO card game to Fortnite and Roblox in the form of two virtual experiences. According to ...