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TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, ...

Rumors have been swirling that popular online gaming platform Roblox is shutting down. Roblox allows users to make a virtual universe and participate in millions of games and interactive environments.

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Roblox, the company behind the immensely popular online gaming platform, has expressed dissent against a recent US lawsuit that raises troubling allegations about how it protects its youngest users.

BATON ROUGE, La. -- Louisiana sued the online gaming platform Roblox on Thursday, alleging the wildly popular site has perpetuated an environment where sexual predators "thrive, unite, hunt and ...

Roblox is tightening its rules around adult and sexual content in response to lawsuits and growing concerns about child safety on the platform. In a policy update announced by chief safety officer ...