TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, ...

As the Roblox community continues to grow, the Roblox Corporation has taken the decision to roll out an ID verification service to confirm users' ages. Currently operating on an opt-in basis, the ...

Roblox closed its first day as a publicly traded company with a market cap of more than $38 billion. The company started trading at $64.50 a share, peaking at around $74, before closing its first day ...