Tuesday 14 December 2021

More on Roblox's exploitation of children

Roblox's success goes mostly unnoticed. Minecraft was sold to Microsoft for about $2bn and is estimated to generate about $500m a year in revenue. Roblox's market cap, however, is $65bn. Why? Because it has an internal app store that puts its young player base to work making virtual stuff and selling it for scrip or peanuts while the company pockets the profits. — Read the rest