Roblox, Louisiana
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The lawsuits allege that Roblox prioritized its profits over child safety. The gaming platform rebuts claims it would intentionally risk the safety of its users.
Roblox is once again the target of online child safety advocates, as it faces another lawsuit that claims the platform is "choosing profits over child safety." The lawsuit, file by Louisiana Attorney General Liz Murrill,
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Why Roblox Stock Got Rocked Today
Roblox Corporation ( RBLX -7.74%), the online gaming platform that's especially popular with teens and younger kids, saw its stock sell off hard this morning -- down more than 10%. The shares have clawed back some of their losses as the day progresses, but as of 11:10 a.m., they remain down 7.1%.
A screenshot suggesting Roblox CEO David Baszucki's account was suspended ignited panic and speculation within the Roblox community. Fueled by a popul
Roblox’s stock dropped amid growing concerns over the lack of security measures to protect its large number of child users.
The main reason why Roblox has been going against this wave of Roblox vigilantes is that they argue it creates “an unsafe environment for users.” This was revealed in a recent statement by Roblox’s Chief Safety Officer, Matt Kaufman.