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 ...

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 ...

“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 ...

One of the biggest apps in virtual reality just got a boost in its bid to become one of the biggest players in the next big tech trend, the metaverse. CEO Nick Fajt, who co-founded Rec Room in 2016, ...

process water consumption intensity (-50%), energy consumption intensity (-30%), and waste generation intensity (-40%). However, REC's commitment to sustainability extends beyond environmental ...

Social app Rec Room now has over three million monthly active users in VR. That stat was revealed by the developer’s Shawn Whiting, who also confirmed that the majority of those users are on Meta ...

In 2023, Philadelphia-based startup REC, also known as REC Philly, will call Miami it's second home as they launch REC Miami behind their partnership with Diddy. Located in Little River, a ...