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.
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 ...
On Tuesday, Roblox—the gaming platform popular with Gen Z and Gen Alpha—saw its stock take a dive. Roblox stock fell 9.4% in early trading, even as it’s already dropped by 15% this year. As of midday ...
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 ...
Two Fortnite creative developers are accused of falsifying the popularity of their islands to get paid based on engagement, ...
Roblox will not let users under the age of 13 message others outside of games and experiences on the platform, the company said Friday. Roblox also announced a series of other built-in protections for ...
Roblox has become one of the most popular video games of all time, but it has a darker side, where hate speech and racism are reportedly spreading unchecked. The online platform enables users to ...
Technology has changed the world. New video games expose children to mature content. Games like Roblox involve trades, gambling, and more. Children interact with strangers online. This can lead to ...