Latest news with #DavidBaszucki
Hindustan Times
7 days ago
- Entertainment
- Hindustan Times
Roblox dating: Early access coming? What we know
Roblox, the online game platform and game creation system, has been a massive hit. 'Roblox is the ultimate virtual universe that lets you create, share experiences with friends, and be anything you can imagine,' the site reads. David Baszucki, the CEO of Roblox, said in a TechStuff interview that his vision is always to make Roblox a more adult-oriented platform. (AP) As of 2025, Roblox reportedly boasts around 85.3 million daily active users (DAU) and 380 million monthly active users (MAU). While enjoying its popularity, Roblox is mostly limited to a certain age group, but the company has been pushing to expand horizons. How does it plan to do so? By tapping into adult users. Roblox, in its 2023 keynote, expressed a desire to cater to the 17+ market, and a specific objective was to turn the game into a dating hub for adults. So, when is the Roblox dating feature coming, and will there be an early access for it? Roblox dating: What we know David Baszucki, the CEO of Roblox, said in a TechStuff interview that his vision is always to make Roblox a more adult-oriented platform. However, the 2023 address about bringing dating to Roblox raised some eyebrows, because obviously, there are many kids who log in each day to play the game. Roblox has, historically, done a good job at ensuring features which are not meant for those under 18, do not reach the group. Also Read | Grow a Garden: How to get the Grandmaster Sprinkler in the viral Roblox game Documents are needed as ID proof for age, and there are features that instantly block addresses and other identifiable chat information. However, one user noted that in Roblox's fan-made Squid Game recreation, some of the voice chatters (restricted to 17+) belonged to kids, meaning they likely used their parents' IDs to bypass the game's safety protocols. Notably, Roblox is not looking to serve as a platform to find dates, but rather to help people already in relationships. 'I think a lot of people who are too afraid to go on a real-life date might find it easier to have a virtual date to start,' the CEO explained. Currently, Roblox community standards explicitly prohibit dating, but the new feature could be made available to those who are 21 and above. Recently, one X user also said that UGCs related to dating are now allowed on Roblox, sharing what appeared to be a post from someone identifying themself as Roblox staff. "Statements that are self-referential or referencing real-world relationships (e.g., "Sorry ladies, I'm autistic" or "I <3 my boyfriend") are generally not considered violations under our current policies unless they include inappropriate, offensive, or targeted language. That said, we always appreciate community reports like this to help us identify edge cases or anything that may have slipped through. If you spot anything you believe violates our guidelines, feel free to report it directly in the catalog, and our team will take a closer look," the comment read.
Bloomberg
02-08-2025
- Business
- Bloomberg
Multiple Roblox Games Top 10M Daily Active Users: CEO
Roblox CEO David Baszucki discusses what is driving the company's user growth and the opportunity he sees for advertisers. Baszucki joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Yahoo
01-08-2025
- Business
- Yahoo
Roblox Q2 Earnings Beat Sends Leveraged RBLU Soaring
Roblox Corp.'s (RBLX) strong second-quarter earnings drove a 23.7% surge in the T-REX 2X Long RBLX Daily Target ETF (RBLU) Thursday, with the gaming platform also held as a major position in gaming and Web3 funds. Roblox reported $1.4 billion in net bookings, up 51% year over year, beating analyst expectations of $1.2 billion, according to CNBC reporting. Daily active users reached 111.8 million, up 41% year over year, while hours engaged jumped 58% to 27.4 billion. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA Roblox's presence across multiple fund strategies reflects the company's evolution beyond traditional gaming, with CEO David Baszucki targeting 10% of the global gaming content market through investments in infrastructure, discovery and virtual economy development, according to CNBC. RBLU aims for 200% of Roblox's daily price movements through swap agreements and has posted a 330.1% year-to-date return since launching March 4, according to FactSet. The leveraged fund has attracted $3.4 million in net flows with $6.3 million in assets under management and a 1.05% expense ratio. Gaming and Web3 Funds See Earnings Boost The Roundhill Video Games ETF (NERD) holds Roblox as its third-largest position at 9%, behind Nintendo Co. (NTDOY) at 12.4% and AppLovin Corp. (APP) at 11.3%, according to FactSet. The fund tracks a modified market-cap-weighted index of globally listed video game and eSports companies. NERD has posted a nearly 28% year-to-date return with $24.6 million in assets under management and a 0.5% expense ratio, according to FactSet. The ETF experienced net outflows of around $379,000 year to date despite positive three-month inflows of about $665,000. Roblox also ranks as the second-largest holding in the Bitwise Web3 ETF (BWEB) at just over 9%, trailing only Coinbase Global Inc. (COIN) at 10.4%, according to FactSet. The fund provides exposure to Web3 technologies through companies positioned to benefit from decentralized finance, infrastructure, creator economy, metaverse and governance themes. BWEB has generated a 28.9% year-to-date return with $4.5 million in assets under management and a 0.85% expense ratio, according to FactSet data. The Web3-focused fund has attracted inflows of about $5,000 year to date. RBLX & Gaming ETF Comparison Fund T-REX 2X Long RBLX Daily Target ETF (RBLU) Roundhill Video Games ETF (NERD) Bitwise Web3 ETF (BWEB) Issuer Tuttle Capital Management Roundhill Investments Bitwise Asset Management AUM $6.3M $24.6M $4.5M Expense Ratio 1.05% 0.5% 0.85% 1 Month Performance 70.6% -5.3% 6.3% Year-to-Date Performance 330.1% 28% 28.9% Source: & FactSet Data Roblox raised its booking guidance for the third quarter to between $1.59 billion and $1.64 billion, compared to FactSet expectations of $1.42 billion, according to CNBC. The company reported a net loss of $279.4 million, or 41 cents per share, compared to a loss of $205.9 million, or 32 cents per share, in the same quarter last year. The platform recently rolled out age verification tools to address regulatory pressure on gaming companies to improve safety for younger users, according to CNBC. Chief Safety Officer Matt Kaufman said the tools will help create more mature content opportunities to retain teens and adults on the | © Copyright 2025 All rights reserved Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
01-08-2025
- Business
- Yahoo
Should You Buy the Post-Earnings Pop in Roblox Stock?
Roblox (RBLX) shares closed over 10% higher on Thursday after the video game firm reported a strong Q2 reflecting its 'strategic investments in infrastructure, performance, discovery, and the virtual economy.' RBLX shares rallied today also because the company's management raised its booking guidance to a much better-than-expected $1.615 billion in the third quarter. More News from Barchart With UnitedHealth Under DOJ Investigation, Should You Buy, Sell, or Hold UNH Stock Now? Trump Won't Take Away Tesla's Subsidies. Does That Make TSLA Stock a Safe Buy Here? Can AMD Stock Hit $210 in 2025? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Roblox stock has been on an absolute tear over the past four months – and is now up more than 175% versus its year-to-date low set in early April. Is Q2 Report a Strong Enough Reason to Buy Roblox Stock? The RBLX earnings release brings several reasons for investors to consider owning this gaming stock for the long term. For example, the NYSE-listed firm said it ended the second quarter with 111.8 million daily active users (DAUs), up a whopping 41% on a year-on-year basis and well above the 106 million expected. Meanwhile, hours engaged went up 58% in Q2 to 27.4 billion as well. In the earnings release, CEO David Baszucki said Roblox wants to own at least 10% of the global gaming content market. His long-term target indicates commitment to continued momentum, which may translate to a further increase in RBLX share price over time. Canaccord Analysts Raise Price Target on RBLX Shares Roblox's strong second-quarter report made Canaccord Genuity analysts raise their price target on its stock to $160, indicating potential upside of another 17% from here. According to the investment firm, viral experiences like 'Grow a Garden' that drive cross-platform activity, artificial intelligence-powered discovery tools that boost engagement, and infrastructure investments that support scalability will drive RBLX stock up further in the second half of 2025. With revenue growing at a fast clip, the company's monetization potential through advertising and commerce is compelling, the analysts added. They agreed that Roblox shares are currently trading at a premium valuation, but said a rare blend of growth and margin expansion warrants owning them still. Other Wall Street Analysts Recommend Cutting Exposure to Roblox Not all Wall Street analysts are as constructive on Roblox stock as Canaccord Genuity, though. According to Barchart, the consensus rating on RBLX shares currently sits at 'Moderate Buy' with the mean target of $104.42 actually signaling potential downside of nearly 25% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Irish Independent
31-07-2025
- Business
- Irish Independent
Parents on alert as Roblox CEO says online dating is planned for the site popular with children
The move has been floated by Roblox CEO David Baszucki just as Ireland's online regulator attempts to clampdown down on inappropriate activity for kids and teens online. Mr Baszucki said that online dating on the platform was logical given some people's shyness or fear of the dating scene. Roblox users, he said, would 'have a virtual date to start and then, if they connect, move to the physical world.' In this way, he told the American podcast Tech Stuff, Roblox could become a 'wellness platform,' and something to 'help loneliness and bring connection.' However, Mr Baszucki said Roblox would seek to make the feature restricted to those over 21. Roblox's future plans come as Ireland, the UK and Australia attempt to impose stricter age verification conditions online for social media and adult content. The latest phase of Ireland's Online Safety Code came into effect last week, with online platforms told that enforcement of a requirement for 'effective' age verification measures to stop underage users accessing inappropriate content was now active. The move has led to only partial compliance by social media firms, with some adult content restricted for newly-set up accounts. However, a survey by the Irish Independent shows that Facebook, Instagram, TikTok, YouTube and X still require only self-declared age to create adult accounts and access some adult content. Within minutes, the test child user's account was being served hardcore pornography on X Posing as a child user, the Irish Independent created new adult accounts for all the main social media services, as well as for adult-only services Pornhub and OnlyFans. Within minutes, the test child user's account was being served hardcore pornography on X, as well as adult-themed content on Instagram. According to a CyberSafeKids survey of 5,000 primary school children, 75pc of Irish children between eight and 12 have a YouTube account, while 74pc of children between 12 and 14 have a TikTok account, 84pc are on SnapChat and over half have an Instagram account, despite the minimum age requirement being 13. The media regulator is directly responsible for enforcement on companies headquartered in Ireland, which include Meta (Facebook, Instagram), TikTok, Google (YouTube) and X. Roblox uses Amsterdam as its EU headquarters, as does Reddit. Snapchat and OnlyFans use the UK as their EU offices, while Pornhub uses Luxembourg. For services outside Ireland, the Irish regulator must liaise with European authorities in the countries where those services are based.
