Roblox shares sink as the company’s Q3 earnings release indicate continued challenges on the profitability front. Here’s why ...

Rumors have been swirling that popular online gaming platform Roblox is shutting down. Roblox allows users to make a virtual universe and participate in millions of games and interactive environments.

While it first launched back in 2006, Roblox has evolved over the recent years into one of the most popular virtual playgrounds on the planet. At its core, Roblox is a gaming platform that allows you ...

The online video game purveyor is apparently not doing as well as it could in the sale of its in-game currency.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share. The online gaming platform posted ...

On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.

According to a news release, the subpoenas will investigate whether Roblox's actions aid child predators in gaining easy ...