Roblox shares surged as much as 35% on Tuesday, valuing the company at a record $60 billion. The online-gaming platform's revenue doubled year-on-year to $509 million last quarter. Soaring costs meant ...

The company says it had a net loss of $1.35 billion AUD in 2022, a huge increase over its 2021 loss of $730 billion AUD. That’s despite an increase in revenue and bookings over the same period the ...

Louisiana is suing the popular online gaming site Roblox for allegedly failing to implement basic safety controls and not protecting children from predators. Attorney General Liz Murrill made the ...

Bottom line: Online platforms that curb boredom or fill a need, like gaming services or video conferencing apps, are likely only going to experience further growth as the Covid-19 pandemic stretches ...