Roblox Corp. has agreed to pay $35.8 million in settlements with attorneys general in West Virginia, Alabama, and Nevada over child-safety protections on its platform.
The settlements require Roblox to implement enhanced safety measures for minors using the platform. The company pledged to strengthen parental controls, improve content moderation, and better protect children from predatory behavior and inappropriate interactions.
The agreements follow investigations by the three state attorneys general into whether Roblox adequately safeguarded young users. The probes examined the platform's handling of user-to-user interactions, reporting mechanisms, and age-verification systems.
Roblox, which hosts millions of user-created games and experiences, has faced scrutiny from regulators and safety advocates regarding its child protection protocols. The platform's appeal to younger audiences has made it a focus of ongoing discussions about online safety standards.
The settlement amounts will be distributed among the three states. Roblox stated it remains committed to creating a safe environment for users of all ages.
Jio Platforms, India's largest carrier backed by Meta and Google, has received regulatory approval to launch the country's biggest-ever initial public offering worth approximately $4 billion.
Neocloud Lambda has secured $1 billion in private debt financing to purchase Nvidia AI chips for resale to Microsoft. The funding marks the latest major investment in AI infrastructure as demand for chips continues to outpace supply.
French quantum computing company Pasqal Holding SA went public Friday via SPAC merger, with shares closing up 95% on their first trading day—a strong performance compared to other recent quantum computing debuts.
A test of 100 firms revealed widespread confusion over California's legal data access rights, with many companies deleting information instead of providing it to requesters.