All publications by tag «Roblox»
How underage Roblox players getting scammed by other kids through phishing schemes and money laundering
Roblox is especially popular among young players. However, a new investigation digs into how these underage users are being swindled out of thousands of dollars by other children, some as young as 13.
Report: Roblox expected Tencent to clone its gaming platform for Chinese players
Roblox had to take several steps to comply with China’s censorship, a new portion of leaked internal documents has revealed. The company also expected Tencent to clone the game and make its own version for the local audience.
Hacker posts internal Roblox documents, containing personal data of platform’s devs
One of the Roblox employees has been compromised, which led to an anonymous hacker posting the company’s internal documents. They contain private information and personal data. The gaming platform, however, refused to cooperate with the hacker.
Roblox offers flexible remote work options to employees who don’t want to come back to office
Roblox has joined a number of game companies to introduce a hybrid working model. It will offer flexible options for all employees, both for those who want to return to the office and those who prefer to work remotely.
Roblox takes down Chinese version of its app, which was crucial for its expansion into this market
Roblox had high hopes for its Chinese app as it was supposed to help the company expand into the local market. However, it has been suddenly removed from app stores. While not sharing specific reasons behind the decision, Roblox is now working on the new version.
Report: how Roblox CEO David Baszucki avoided capital gains taxes by giving shares to his relatives
Billionaire David Baszucki, known as the CEO of Roblox Corporation, has found a legal but really tricky way to avoid millions of dollars in capital gains taxes. According to the latest report, he has given plenty of his company’s shares to his family members
Roblox surpasses Activision Blizzard as most valued US game company after its shares soar 42%
Roblox reported revenue of $509.3 million for the third quarter, exceeding investors’ expectations. The next day, its shares rose by 42.2%, which helped it dethrone Activision Blizzard as the most valued US game company.
Minecraft and Among Us see growth in usage thanks to Roblox outage
Roblox has been unavailable for players for three days, which led to the decline of the average time spent in the app by 93% from October 29 to 31. A few rival apps and games, however, saw a rise in their usage rate thanks to this outage.
Roblox criticized for ‘exploiting’ young devs by charging ridiculous fees and paying them with pretend money
Roblox, which now has over 20 million games, might seem like a good platform for kids to start their journey as game developers. However, its business model hides many pitfalls. Quintin Smith from People Make Games has explained how he thinks Roblox is exploiting young devs.
Music labels sue Roblox for at least $200 million over copyright violation
Roblox allows its players to add virtual players into their games to listen to music. That, however, didn’t sit well with major music labels who accused the company of causing the loss of profit. They are now demanding at least $200 million in damages.