Roblox has hired its first-ever chief growth officer as it builds toward its goal of capturing 10% of the global gaming content market.

The court rejected Roblox's argument that it isn't subject to the Iowa Consumer Fraud Act because the platform is free to play.

Roblox is again expanding its safety protocols for younger users with the launch of “Kids” accounts for those ages 5-8 and “Select” accounts for the 9-15 age range. The new age-locked tiers will launch in June and utilize the facial-estimation,

Shares of the gaming platform plunged 18% on Friday after a steep cut to guidance. But the case for staying on the sidelines goes beyond one bad quarter.