Roblox is an online platform and game creation system where users can design, share, and play games developed by other users. Launched in 2006 by David Baszucki and Erik Cassel, Roblox has gained ...
At the beginning of November, Texas Attorney General Ken Paxton filed a lawsuit against the popular gaming platform Roblox.
Because of that timing issue, Roblox’s income statement is a sea of red. In the third quarter, the company lost $256 million on $1.4 billion of revenue, a per share loss of 37 cents. More important ...