The rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors. Here's what to know.

Roblox ’s chief executive is facing a wave of fury after his company sent a cease and desist letter to a YouTuber known for exposing alleged child predators on the online gaming platform.

Roblox shares slid more than 20% in early trading, as the gaming giant dialed back its forecasts for growth and first-quarter earnings showed player spending is slowing.