roblox
San Francisco (AFP) - US music publishers representing artists such as Ariana Grande, Imagine Dragons and the Rolling Stones said Thursday they are suing hit video game Roblox for allegedly using songs without permission. National Music Publishers' Association (NMPA) chief David Israelite announced the copyright suit at an annual meeting at which he stressed that the trade group has the video game industry in its sights. He contended that Silicon Valley-based Roblox is "taking advantage of young people's lack of understanding about copyright" while doing almost nothing to prevent copyright inf...
AFP
San Francisco (AFP) - The Roblox game world that has won over children around the world and became a pandemic hit scored big on Wall Street Wednesday, as newly listed shares surged. The company's shares listed under the symbol RBLX on the New York Stock Exchange closed the trading day up 54 percent to $69.50, from a reference price of $45 as part of so-called direct listing. That gave the gaming platform and pandemic star a valuation of some $40 billion. "We are deeply humbled by the overwhelming support for @Roblox and our public offering today," co-founder and chief executive David "Builde...
AFP
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