Roblox Corporation ( RBLX 3.94%), the online gaming platform that's especially popular with teens and younger kids, saw its ...

Even though many of its peer tech companies were focused on cutting costs in 2023, Roblox generated $1.2 billion of red ink for the year compared to $900 million in losses in the prior year.

Rumours are swirling that could leave millions of young gamers in tears and their parents scrambling for answers.

Kids spent more time streaming in 2023 than they did the year before, but less of it on paid platforms.