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Roblox's forecast adds to worries about the videogame industry's health, after a lackluster outlook from Electronic Arts, which blamed weak bookings - a key measure of in-game spending - on its ...
Unlike traditional video game companies, Roblox relies on user-generated content to drive engagement and makes most of its money from in-game spending on its virtual currency, Robux.
(Reuters) -Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years.
The gaming platform, which reported around 89 million users last quarter, said it will allow parents and caregivers to remotely manage their child's Roblox account, view friend lists, set spending ...
Roblox uses a combination of chat filters as well as parental controls to limit interaction. This helps explain why investments in online safety tools represent a chunk of its costs.
Roblox is creating a new generation of game developers, but it needs to make sure it can hold on to them past their early teen years. Roblox could change the future of gaming — but it has two ...
Roblox is also introducing a default setting that will limit users under the age of 13 to sending broadcast messages only. Roblox announces new ways for parents to control kids' gaming experience ...
The Roblox ban came after Turkey blocked access to social media platform Instagram last week, a move it said was due to Instagram not abiding by certain laws and public sensitivities.