Rec Room Announces Shutdown Amid Profitability Struggles
Rec Room, once valued at $3.5 billion and boasting over 150 million users, will cease operations on June 1, 2026, due to ongoing profitability issues.
Sora: OpenAI Shuts Down AI Video Generator
OpenAI has officially shut down its Sora AI video generator, which had quickly risen to the top of the app market. The closure raises concerns for Disney's investment.