Is it game over for video game and metaverse company Roblox? Not quite. The company reported revenue up 32% year over year, as well as a 21% year-over-year growth in bookings. But despite the fact that Roblox is poised to achieve its third consecutive year of...
The Federal Trade Commission (FTC) has begun sending over $72 million in refunds to consumers as part of a December 2022 settlement with Epic Games. The settlement resolved the FTC’s allegations that the Epic Games tricked consumers into making unwanted purchases, the regulator said in...
Roblox has begun offering users a new, and apparently permanent deal on its in-game currency. Users who purchase Robux on the web and through gift cards will get 25% more from the youth-focused video game and metaverse company than if they purchased from an app store...
Youth-focused video game and metaverse company Roblox is experience a growth spurt. Users over the age of 13 are now a majority of the company’s hundreds of millions of users. “We’re currently at less than 3% of our TAM in the gaming market space,” executives...
August 20, 2024
Text-to-game platforms and artificial intelligence (AI)-powered video generators are emerging tools, promising to lower barriers to entry for aspiring content creators. However, there are questions about their impact on professional roles and the future landscape of digital entertainment. AI Startup Unveils Text-to-Game Platform AI startup Exists on Thursday (Aug. 15) announced a new text-to-game platform […]
March 15, 2024
Artificial intelligence (AI) startup Jabali wants to create a game engine that allows anyone to turn ideas into games without needing to code. “Our mission is to democratize the creation...
August 13, 2019
Video games have changed a lot since the early days of home gaming in the late 1970s and early ’80s. The graphics improved, the games got more expensive and elaborate...
July 19, 2017
New players on the banking scene are bringing a host of changes to the industry. But in some cases, these disruptions are more likely to be met with pushback from...
March 03, 2025
Zip says it has become the chief installment payments partner for video game retailer GameStop. “We are so pleased to become the primary Buy Now, Pay Later partner of GameStop, a business that has been at the forefront of offering shoppers an array of customer-first options for gaming purchases, from payment options to trade-in policies,” […]
December 09, 2024
The Federal Trade Commission (FTC) has begun sending over $72 million in refunds to consumers as part of a December 2022 settlement with Epic Games. The settlement resolved the FTC’s...
November 27, 2024
Roblox has begun offering users a new, and apparently permanent deal on its in-game currency. Users who purchase Robux on the web and through gift cards will get 25% more from...
September 30, 2024
Epic Games is accusing Samsung and Google of a scheme to block their competition. The maker of the popular Fortnite video game said Monday (Sept. 30) it will sue the companies in federal court. The suit will...
