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Roblox readily admits it has a very young-skewing user base for its virtual world and games. Last quarter, it estimated that among its daily active users (DAU), nearly 41% of them were under the ...
Tech reporter Dan Howley reports on Roblox's second-quarter earnings miss with a mixed forecast on daily active users.
Science & Tech. Shopping. Sports
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and
June: Over 1,000 accounts on the multiplayer online game Roblox were hacked to display that they supported U.S. President Donald Trump. [113] July: The 2020 Twitter bitcoin scam occurred. July: User credentials of writing website Wattpad were stolen and leaked on a hacker forum. The database contained over 200 million records. [114]
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These virtual stock markets are often based on things like sports or entertainment "stocks". Players are asked to invest in a particular sports team for example. If the team is doing well, the stock goes up and if the team is playing badly the stock value for that team falls. Stock market games are often built into many other prediction games.