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Is Roblox down? Is Fortnite down? Is one of so many other games down? Currently, yes. The internet is having a bad Monday.
Roblox stock (NYSE: RBLX) has fallen 9% in the past five trading days, fueled by a Wall Street analyst’s pessimistic assessment—citing slowing booking growth—and insider selling by a company director.
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
Roblox (NYSE: RBLX) reported third-quarter results this morning that exposed a fundamental tension in the platform’s story.
FIRST ON FOX: Kentucky brought a civil lawsuit on Monday against Roblox alleging the massive gaming platform is not safe for children, joining a growing list of entities who have sued over similar ...
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...
Mattel and Roblox Corporation unveiled a broader partnership to launch multiple standalone games on Roblox built around Mattel’s flagship brands, starting with a new Monster High experience arriving ...
If you didn't already know, the vast orbital constellation that is Elon Musk's Starlink satellites has been providing a spectacular, if concerning, daily light show as an increasing number of them ...
Paul Pierce chalked up his Tuesday arrest for suspicion of driving under the influence to him falling asleep behind the wheel since the 47-year-old needed some shut eye. Pierce posted a photo showed ...
Lucy Jackson uses a phone that can do little besides make a call and, with some effort, send a text. That complicates life for a college freshman in 2025. But for Jackson, who uses paper maps and ...