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Nike Inc on Thursday revealed a virtual world modeled after its headquarters on video game platform Roblox Corp , becoming one of the first big brands to enter the "metaverse".
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Several dozen people protested on Sunday in the Siberian city of Tomsk against Russia's ban on U.S. children's gaming platform Roblox , a rare show of public dissent as popular irritation over the ban gains some momentum.
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U.S. gaming platform Roblox Corporation said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission to go public.
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A group of music publishers that license songs by artists including the Rolling Stones, Ed Sheeran, and Ariana Grande has sued the makers of Roblox, a popular video game platform and creation system, in Los Angeles federal court for allegedly infringing copyrights on a "massive scale."
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Turkey has blocked access to the popular video game platform Roblox over concerns about content that could lead to child abuse, the country's justice minister said.
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Australia's internet regulator on Wednesday asked online gaming platforms including Roblox and Microsoft's Minecraft to spell out how they protect children from grooming by sexual predators and shield young users from radicalisation.
Roblox shares soared 25% on Wednesday as the gaming platform popular with kids and teenagers topped quarterly bookings estimates after a focus on attracting wider audiences helped it defy a sector-wide slowdown from pandemic peaks.
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Roblox Corp (RBLX.N) on Monday trounced quarterly bookings estimates in its first earnings report since a blockbuster debut as the U.S. gaming company benefited from a surge in spending by kids stuck at home due to the pandemic.
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Roblox Corp exceeded market estimates for quarterly bookings on Monday as demand for its video games "MeepCity" and "Adopt Me!" stayed strong even after pandemic-led curbs eased, boosting its shares nearly 33% in extended trading.
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Video game platform Roblox Corp (RBLX.N) on Monday revived plans to go public and revealed bigger losses in the last year, ahead of one of the highly anticipated stock market debuts of 2021.
Iraq has banned U.S. user-generated videogame platform Roblox due to concerns over child safety, the government said, joining other countries in cracking down on virtual worlds.
Cathie Wood's ARK Invest has sold some Roblox stock, cashing in on its 42% jump on Tuesday following the gaming company's strong quarterly results.
Videogame platform Roblox on Monday said it will create tailored accounts for young users in a push to shore up online safety, as it deals with intense global scrutiny over concerns of child endangerment.
Roblox Corp on Wednesday topped quarterly bookings estimates on Wednesday, as a wider audience swarmed to the platform for games such as "Adopt Me!" and "Pet Simulator X", pushing the company's shares up nearly 4% in morning trading.
Gaming platform Roblox Corp's founder and chief executive officer David Baszucki's compensation package for 2021 totaled $232.8 million, compared with just $6.8 million a year earlier, according to a regulatory filing on Monday.
Roblox is rolling out virtual billboards with video advertisements, the gaming platform said on Wednesday, in its latest move to draw revenue from its games that are mostly free to play.
Roblox launched a licensing feature on its videogame platform on Tuesday, allowing intellectual property holders to integrate their characters and worlds into its games.
U.S. video gaming platform Roblox Corp., has taken down its Chinese app that fronted its expansion efforts into the country, telling Reuters it was part of "a number of important transitory actions" as it builds its next version.
Republican Florida Attorney General James Uthmeier said his office is issuing criminal subpoenas to Roblox Corp , calling the video gaming platform a "breeding ground for predators" that puts children at risk.
A lawsuit filed in San Francisco on Tuesday accuses online gaming firm Roblox Corp of enabling a California girl's sexual and financial exploitation by adult men.