A research firm shorts Roblox because the game company is allegedly misleading investors, lying about user numbers, and facilitating illicit behavior with minors. Roblox denies the accusations.
Roblox has been targeted by short-selling firm Hindenburg Research over allegations that the gaming company inflates the number of real humans on its platform and has not gone far enough to protect ...
Investment research and advocacy firm Hindenburg says it's shorting Roblox stock because the game platform is misleading investors by overstating player counts and presenting financial figures that ...
Popular kids video game Roblox was branded a “pedophile hellscape,” with titles such as “Diddy Party,” and “Escape to Epstein Island,” according to Hindenburg Research – the short-seller who called ...
UPDATE 9/10/24: Roblox has responded at length to yesterday's report by Hindenberg Research that alleges the platform has not been transparent with shareholders over its user activity metrics, and ...
Louisiana sued the online gaming platform Roblox on Thursday, alleging the wildly popular site has perpetuated an environment where sexual predators “thrive, unite, hunt and victimize kids.” The ...
The research firm, which has taken a short position in Roblox’s stock, released a report arguing the company does not do enough to keep children safe. On Tuesday, Roblox—the gaming platform popular ...
Happy Tuesday. Here’s your Tuesday Tech Drop, my collection of the past week’s top stories from the intersection of technology and politics. Roblox, the popular online game for children, is under fire ...