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VR

  • Roblox rival Rec Room to shut down after losses

    Tech

    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 said it will close on June 1, despite having attracted more than 150 million players and creators and reaching a valuation of $3.5bn (£2.65bn) at its peak. In [...]

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  • Titanic the ‘immersive’ exhibition: What’s next, 9/11 the experience?

    Life&Style

    An immersive sinking, photo ops and emergency whistles in the gift shop, London's new Titanic experience may have crossed a line.

  • Eleco: British software giant sees revenue soar as businesses look for AI solutions

    Tech

    Software company Eleco has seen its revenue continue to soar as a growing number of businesses turn to tech to help improve efficiency. The listed company, which is headquartered in London and has offices across the UK and Europe, saw its revenue hit £16.2m in the six months ending June 30, 2024, up from £13.4m [...]

    Eleco, which creates CAD, AI and virtual reality software for the construction and design industries, has seen its revenue surge.

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  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

  • As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran

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