Tag: gaming

Roblox Commits to Safety Overhaul After Australia Finds Adults Contacting Children

Roblox has signed a legal agreement with Australia's eSafety regulator to overhaul privacy settings after tests found adults could contact children.

Alibaba Sells Gaming Arm Lingxi to Trustar Capital in $2 Billion Deal

Alibaba has agreed to sell gaming arm Lingxi Games to Trustar Capital in a deal reportedly worth over $2 billion as it prioritizes AI and e-commerce.

Tencent Beats Revenue Estimates on Games and AI Ads Despite 26% Stock Slide

Tencent topped revenue expectations on gaming and AI-driven advertising, even as shares fell 26% amid rising AI spending and fierce competition in China.

Nintendo Shares Jump 5% as Profit Surges on Game Software Sales and Raised Outlook

Nintendo shares rose about 5% after a quarterly profit surge driven by strong game software sales, the Mario movie, and rising Switch 2 optimism.

Analysts Downgrade Roblox as Platform Transition and Age Checks Slow Monetization

Analysts at BMO and Deutsche Bank downgraded Roblox as a platform transition and new age-verification system weighed on second-quarter monetization.

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