Rec Room Shuts Down After Losses, Cites VR Market Shift
Rec Room, a major competitor to Roblox with over 150 million users, will close on June 1 after failing to turn its large user base into a sustainable, profitable business model.
Category : Business
Unilever Creates $60bn Food Empire in McCormick Merger
Unilever merges its food brands with McCormick in a $45bn deal, creating a $60bn food giant while facing activist pressure and implementing hiring freezes amid geopolitical challenges.
Video Game Industry Layoffs Hit Eidos-Montréal and Rec Room
The video game industry continues to face severe job cuts, with Eidos-Montréal laying off 124 employees and Rec Room shutting down after 10 years, following Epic Games' recent Fortnite layoffs.
Sales Training Firm Expands into Asia with New Leadership
ValueSelling Associates strengthens its Asia-Pacific presence by appointing Kevin Sun as Managing Partner in China and Tetsuro Yamamoto in Japan, enhancing global sales training capabilities.
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AI Olaf Robot Collapses at Disneyland Paris, Goes Viral
An AI-powered animatronic Olaf from Frozen suddenly fell backwards at Disneyland Paris, with its nose snapping off as children screamed. The incident has sparked widespread social media reactions and questions about robotics reliability.
Martin Lewis Explains Car Finance Compensation Exclusions
Martin Lewis explains why 2 million UK drivers won't receive mis-sold car finance compensation despite 12.1 million qualifying for £829 average payouts following FCA ruling.
German Backers Add £500m to London's Olympia Redevelopment
German investors have committed an extra £500 million to the Olympia redevelopment in Kensington, with Deutsche Bank providing a £900 million loan. The project includes a British Airways-sponsored arena, theatre, hotels, and offices.
Boyes: UK's Hidden Store That Brings Back Woolworths Nostalgia
Discover Boyes, the family-owned department store chain with over 80 locations that shoppers say captures the magic of 90s Woolworths with its astonishing variety and bargain prices.
Deutsche Bank Faces £700m Lawsuit from Ex-Executives in London
Four former Deutsche Bank executives have launched a £700 million High Court lawsuit alleging the bank conspired to injure them through unlawful means, stemming from the Monte dei Paschi di Siena scandal.
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CMA Launches Probe into Microsoft's Cloud Dominance
The UK's Competition and Markets Authority has initiated a strategic investigation into Microsoft's business software ecosystem, including Windows and Office, as part of a broader crackdown on Big Tech's control over cloud services.
Switch 2 GameChat Paywalled, Mario Kart World Update
Nintendo's Switch 2 GameChat feature transitions to a subscription model from April 1, 2026, while Mario Kart World receives a new battle mode and balancing changes.
Patty&Bun Closes Four London Restaurants, Six Remain
Burger chain Patty&Bun has suddenly closed four London restaurants in Marylebone, Liverpool Street, Soho, and Battersea, while continuing operations at six other sites.
Silentnight Electric Blanket £24.29 in Amazon Spring Sale
The Silentnight Dual Control Electric Blanket is now available for just £24.29 on Amazon, representing a massive 63% discount. This spring clearance deal offers significant savings on a winter essential that can help reduce heating costs.
Ex-Jefferies Traders' Crypto Fund Gains 17% in March
A cryptocurrency hedge fund launched by former Jefferies traders has reported a 17% gain in March, highlighting strong performance amid market volatility.
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Reus: Cheap Flights, 20°C April Weather, Spain's Hidden Gem
Discover Reus, a quiet alternative to Barcelona with £34 flights, 20°C April highs, and rich Catalan culture. Avoid airport strikes and explore its Art Nouveau architecture and vermouth heritage.
Metro Daily Cartoon by Guy Venables Engages Readers (31.03.2026)
The Metro daily cartoon by Guy Venables continues to captivate audiences with its timely and humorous take on current events, published and updated on March 31, 2026.
Motor Finance Compensation May Spark Banking M&A Activity
The FCA's £9bn motor finance redress scheme is expected to initiate significant banking mergers and acquisitions as lenders adjust to new financial realities.
London's Best Rooftop Bar in 2026: Time Out's Top Pick
Time Out has unveiled its list of London's greatest rooftop bars for 2026, with Queen Elizabeth Hall Roof Garden taking the top spot. Discover the city's sky-high drinking destinations for the upcoming sunny season.
Energy Price Cap to Jump 18% This Summer, Bills to Soar
Ofgem's energy price cap is forecast to rise by 18% in July, pushing average annual bills to £1,929. The increase comes amid volatile global markets and Middle East conflict disruptions.
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Energy Overcharge Warning Issued for Easter Period
Financial advisors urge UK households to submit meter readings before April 1 to avoid being overcharged as the Ofgem price cap drops by £117, with bills expected to rise again in July.
Elephant and Castle's £500M Town Centre Reveals Key Stores
The new £500 million 'town centre' in Elephant and Castle, set to open this year, has announced its first wave of retailers including M&S, Blank Street Coffee, and a five-screen cinema.
LeBron, McIlroy, Ronaldo in $575M Whoop Raise
Wearable tech firm Whoop secures $575 million in Series G funding, valuing the company at $10.1 billion, with investments from star athletes and major sovereign wealth funds.
Boots £10 Tuesday: Easter Beauty Deals on Benefit, The Ordinary
Don't miss Boots' £10 Tuesday Easter beauty deals, featuring discounts on Benefit bronzers, The Ordinary skincare sets, and more for a limited time only.
Brits Enjoy Three 'Holidays of a Lifetime' Thanks to Loyalty Points
A new survey reveals the average Brit has experienced three 'holidays of a lifetime,' with loyalty points making dream trips more accessible than ever before.
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Disney Considers Buying Epic Games and Fortnite
Senior Disney executives reportedly want to acquire Epic Games outright, gaining control of Fortnite and Unreal Engine, despite recent layoffs and profitability concerns at the gaming giant.
AI-Exposed Sectors Foot Biggest Tax Bill in UK Economy
Government analysis shows finance, professional services and information industries most exposed to AI disruption generate the bulk of UK tax revenues, creating complex economic challenges.
Europe's Stock Exchanges Eye Another Blowout Trading Year
European stock exchanges are poised for another exceptional year of trading activity, driven by market volatility and increased investor participation across the continent.
Minimum Wage Hikes Begin: Worker Gains vs. Business Costs
Millions of UK workers receive pay rises as national minimum wage increases take effect April 1, while employers face higher costs amid economic challenges.
Woman Must Return £33,000 Jackpot Due to Casino Glitch
A care assistant from Wakefield was devastated after being told to repay £33,000 she won in an online casino game due to a technical glitch affecting thousands of players.
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Energy Bills to Rise 18% in July Price Cap Update
Household energy bills are forecast to increase by £288 annually when the price cap is updated in July, driven by Middle East conflict impacts on wholesale costs.
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