School is out for Rec Room. The social gaming platform announced on Monday that it will be shutting down this June, in spite of “reaching over 150 million players and creators along the way” since its founding in 2016. “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 brought in. “We spent a long time trying to find a way to make the numbers work.” “But with the recent shift in the VR market, along with broader…
Author: Staff Writer
A grandmother, Angela Lipps, was arrested at gunpoint in her own home after facial recognition software flagged her as a suspect in a bank fraud case in North Dakota, a state she had never even visited. Authorities relied on AI-generated matches from surveillance footage and compared those results to her driver’s license and social media photos. That was enough to issue a warrant. She was jailed for months, extradited over 1,000 miles, and held without meaningful review until her attorney presented simple bank records proving she was in Tennessee at the time of the alleged crime. The case collapsed almost…
As anticipated by recent headlines, Oracle started laying off an undisclosed number of employees early this morning. A report from CNBC put the figure in the thousands, while a post on Blind—the anonymous workplace chat app—suggests that as many as 11,000 employees might have been impacted. According to reports across social media and on Blind, employees were notified about the layoffs through a mass email that was issued at 6 a.m. ET today. (Oracle declined to comment on the layoffs when reached for comment by Fast Company.) “We are sharing some difficult news regarding your position,” the email reportedly read.…
There are moments in history that expose the true nature of a regime, and what we are seeing now coming out of Iran is one of them. Reports indicate that the government is once again preparing for the possibility of deploying children into conflict, even going so far as to produce uniforms sized for minors. This is not propaganda, this is preparation. When a state begins organizing for the use of children in war, it is no longer operating within any civilized framework. It is operating purely on ideology and survival. According to recent reports, Iran has been mobilizing youth…
It’s been an outrageously long wait, but Google will finally allow Gmail users to change their email addresses. Late last year, a support page in Hindi hinted that changes to Google’s account name policy were on the way, but now it’s official. The company posted the news to X, but noted that only U.S. users will be offered the new flexibility for now. To make the change, head to your email settings options and click “change Google Account email.” Your email history and saved data will remain tied to the account, so don’t worry about losing anything. Users can change…
According to the latest figures, rents in the UK have now reached 36.1% of average earnings, the highest level ever recorded. At the same time, average monthly rents have climbed toward roughly £1,300–£1,400 depending on the dataset, with London far exceeding that level. Once housing consumes more than one-third of income, discretionary spending collapses, and the broader economy stalls. What the press consistently ignores is that this crisis is not being driven by “greedy landlords” or speculation. It is a supply crisis that has been building for decades. Britain now has roughly 1.6 million fewer affordable social homes than it…
A new investigation from Sen. Ed Markey has zeroed in on the human staffers who operate behind-the-scenes at self-driving car companies like Waymo, Tesla, and Zoox. While many of these companies emphasize that they seek to automate most aspects of driving, they still depend on humans to assist these cars when their software encounters confusing situations—or fails. The investigation began at the beginning of February and was led by Markey, who has taken a particular interest in the self-driving car industry. The study involved sending letters to seven companies working on autonomous vehicles—Aurora, May Mobility, Motional, Nuro, Tesla, Waymo, and…
Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many receiving an early-morning email announcing their job loss just hours before they were scheduled to go into the office. Here’s what you need to know. What’s happened? On early Tuesday morning, Oracle employees around the world began reporting on social media that they had received an email from the company informing them that their employment had been terminated. According to these reports, the emails began arriving in…
Antonio Bustamante has kept a watercolor of labor leader César Chavez for more than 35 years, hanging it on the wall of his law office in Yuma, Arizona. As a young man, he was moved by Chavez and helped organize workers before joining his security team.Like many others, Bustamante must now wrestle with reconciling the man he adored with the allegations Chavez groomed and sexually abused women and young girls.“I’m trying to figure out how emotionally and intellectually I’ll be able to understand my perception of him as an extremely good man,” Bustamante said, his voice heavy with emotion, “compared…
As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging.When the markets have flashed danger, Trump has been quick with a social media post or a remark to claim the war he launched last month could soon end. He’s publicly declared that the markets are doing better than he expected, even with the S&P 500 stock index declining over the past five weeks and the global oil benchmark up roughly 60%.“I thought oil prices were going to…