roblox corporation
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Roblox Boss: We Aren’t Exploiting Child Labour, We’re Giving Kids In ‘The Slum’ A Job
Roblox head Stefano Corazza disagrees it exploits child labour, suggesting it is a “gift” for “15-year-olds, in Indonesia, living in a slum.”
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Popular Online Game Accused Of Profiting Off Of Child Gambling
Roblox has long been accused of not doing enough to make sure its massively popular gaming platform is free of toxicity and exploitation. Now parents are joining together in a class-action lawsuit to take the $17 billion company to court over allegations that it gets children into online gambling and profits off of it. As…
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Roblox CEO Outed For Using Completely Legal, Completely Ridiculous Tax Dodge
Game-making platform and fledgling metaverse Roblox made the news yesterday as the focus of a New York Times report about a ‘90s era tax cut that’s spun out of control. Originally created to foster investment in small businesses, the Qualified Small Business Stock, or Q.S.B.S., exemption has transformed into a way for ultra-wealthy businesses to…
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Roblox Goes Public, Wall Street Decides It’s Worth Six Bethesdas
The Roblox Corporation, maker of the online game creation platform Roblox, went public yesterday, selling shares in the company on the New York Stock Exchange for the first time since it was founded back in 2004. It ended the day trading at just under $US70 ($91), giving it a valuation of $US45 ($58) billion, or…