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On Tuesday, Roblox—the gaming platform popular with Gen Z and Gen Alpha —saw its stock take a dive. Roblox stock fell 9.4% in early trading, even as it’s already dropped by 15% this year.
In a 2022 quarterly earnings report, Roblox claimed that 54.1 million “people” visited its website daily to create their own games or play those made by others. Yet Hindenburg claims Roblox ...
A new report claims that Roblox has inflated its user numbers to placate investors and has become a haven for child safety concerns.The Latest Tech News, Delivered to Your Inbox ...
Roblox is facing accusations that it lied to investors about the number of people who use the platform. In a report published on Tuesday, the investment firm Hindenburg Research claims Roblox is ...
Walmart A damning new report concerning mega metaverse Roblox claims the company has been “lying to investors, regulators, and advertisers,” specifically about the number of active users and ...
Hindenburg says it hired a technical consultant who “monitored the top ~7,200 Roblox games across ~2.1 million Roblox servers, collecting 297.7 million rows of real-time player data.” ...
After a report from Hindenberg Research alleged the Roblox Corportation had inflated its player numbers of the online game by up to 42 per cent to impress shareholders, the company has hit back at ...
Roblox came under attack last week when a report from the prominent short-seller Hindenburg Research accused it of inflating user numbers and failing to protect children from predators. The gaming ...
Roblox has rejected claims in a new report that accuses the company of misleading investors by inflating key metrics, as well as failing to protect young users from sexual predators and ...
Roblox has been accused of inflating key metrics like its engagement hours by an estimated 100%. Financial research firm Hindenburg Research has argued that Roblox is misleading investors, regulators, ...
In a 2022 quarterly earnings report, Roblox claimed that 54.1 million “people” visited its website daily to create their own games or play those made by others. Yet Hindenburg claims Roblox equated ...