Roblox Competitor Rec Room Is Shutting Down Despite 150 Million Users and a $3.5B Valuation

Explore why Seattle's social gaming giant Rec Room, once a $3.5 billion unicorn, is closing despite 150 million players.
NewsBytes

$3.5B valuation, 150M users: Why gaming platform Rec Room collapsed

Rec Room, a social gaming platform similar to Roblox, is closing down on June 1st despite having over 150 million users and ...

150 million users later, Roblox competitor Rec Room is shutting down

Rec Room, a Roblox-like social gaming platform that lets users create games and experiences for others to play, is shutting ...

Roblox, YouTube caught in major children’s privacy overhaul

A new code would give children the right to demand data deletion and ban “dark patterns” which trick them into sharing more.

Austria is pursuing a social media ban for kids under 14

Austria announced a plan to restrict social media usage for children and will introduce an official bill in June.
NDTV Profit

Indonesia Becomes First Southeast Asian Country To Ban Social Media For Children

YouTube, TikTok, Instagram, Facebook, X and gaming platform Roblox among others — must prevent access to users under 16 including by removing or deactivating accounts.
Game Rant

It's Officially the End of an Era for Roblox

Roblox moves forward with a change that much of the community isn't happy about, marking the end of an era in the game's 20 ...