Roblox bookings rise to $923.8M, surpassing estimates: Stock nears 52-week low despite fiscal growth. Roblox user engagement grows: DAUs up 17% with 16.7 billion hours engaged, stock falls sharply.

Roblox Corp (NYSE:RBLX) stock plunged after it reported fiscal first-quarter 2024 bookings growth of 19% year-on-year to $923.80 million, beating the analyst consensus estimate of $922.98 million.

The Louisiana Attorney General filed a lawsuit against Roblox, claiming the company failed to implement robust safety protocols, creating opportunities for child predators. Meanwhile, a federal ...

UPDATE 5/4/24: Roblox has provided Eurogamer a lengthy statement setting forth its views on the platform, its monetisation, and the ages of those who receive revenue through it. Regarding the comment ...

Roblox showed off its vision for the combination of user-generated content and generative AI. Dan Sturman, CTO of Roblox, said in a blog post that the company sees an opportunity to use generative AI ...

Roblox stock collapsed Thursday after the online gaming and social platform missed Wall Street's targets for users and ...

Learn how to make games, avoid scams, and more in our information-packed Roblox guide. Our team tests, rates, and reviews more than 1,500 products each year to help you make better buying decisions ...

Last month, Roblox outlined its vision for AI-assisted content creation, imagining a future where Generative AI could help users create code, 3D models and more with little more than text prompts. Now ...

I started with CNET reviewing laptops in 2009. Now I explore wearable tech, VR/AR, tablets, gaming and future/emerging trends in our changing world. Other obsessions include magic, immersive theater, ...