Because of that timing issue, Roblox’s income statement is a sea of red. In the third quarter, the company lost $256 million ...
Shares of several companies in the streaming, gaming, social media sector, including Snap Inc (NYSE:SNAP), Meta Platforms Inc (NASDAQ:FB), Roblox Corp (NYSE:RBLX), Netflix Inc (NASDAQ:NFLX) and Roku ...
Roblox (NYSE: RBLX) is one of the leading players in the metaverse. If you're unfamiliar with the metaverse, it's a virtual reality space where users can interact with the computer-generated ...
In early January 2023, concerned parents posted on Facebook about a rumor that claimed to show a "cut yourself" self-harm and suicide game of "dares" that was being shared to kids on the online game ...
The popular gaming platform said the tool was designed to stop children from chatting with older users they didn’t know.
A massive loss in Facebook-parent Meta's Web3 division spurred a sell-off in metaverse stocks. Chipmaker Nvidia and gaming platform Roblox both fell in the aftermath of the earnings report. Meta wiped ...
Rather than relying on Hollywood-like budgets to produce games, videogame company Roblox outsources the development to its mostly young players. WSJ meets a gamer making money from his creations and ...
Facebook is already making moves to become a metaverse company. Facebook CEO Mark Zuckerberg is leading the charge. Roblox could benefit in a world where most people know about the metaverse. In ...
Facebook talked optimistically about its commitment to developing a metaverse for users. Roblox might not have the resources to compete with Facebook in metaverse development. Still, the added ...