November 22, 2024

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Trump CFO’s Expected Guilty Plea Adds to Former President’s Legal Woes
South African Finance Chief’s Harassment Case Sent to Prosecutor
After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money
Singapore to Be Asia’s Millionaire Capital by 2030, HSBC Says
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Two Nations Divided by an Uncommon Inflation
The Return of Market ‘Silliness’ Is Great for Ex-SPACs
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Neobanks Are Struggling to Make Good on Their Lofty Promises
Stories of Climate Adaptation From a Simmering Subcontinent
How a Bloomberg Reporter’s Family Escaped the Taliban
China Vows to Ensure Unmarried Mothers Get Equal Maternity Leave
WNBA’s 2022 Regular Season Was Most-Watched in 14 Years
Judge Reinstates North Carolina’s 20-Week Abortion Ban
FEMA Declares New Strategy to Engage Native American Tribes
Rhine Crisis Shows Signs of Respite With Water Set to Rise
New York’s Congestion Pricing Plan Is Politically ‘Explosive’
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An IRL Store for a Digital Blockchain
Crypto Funds Weigh Market Data Options As Correlations Grow
A Crypto Winter King Wants to Reanimate the Industry
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David Baszucki
A parent’s first glance at kids playing Roblox can be bewildering. They steer their little avatars at a frantic clip while tapping out bursts of competitive poppycock to one another via chat. The swarm escapes dinosaurs, flees exploding volcanoes, hunts sharks, etc.—there’s a seemingly limitless array of adventures. Along the way, players rack up points, and when they’re injured or stuck and need to “reset,” in Roblox lingo, there’s a signature sound: Oof!
It doesn’t matter how lost parents are. Their children, who’ve likely spent hours attempting to explain what’s transpiring on their iPads, are obsessed. Last year, as in-person socializing ground to a halt, many young people turned to the platform as a proxy. With playgrounds shuttered, moms and dads exchanged kids’ Roblox handles and arranged Roblox play dates. In between Zoom calls, parents fielded impassioned pleas for more Robux—the digital currency players use to purchase things for their avatars. Currently, $9.99 buys 800 Robux; a cool cape costs 100 Robux.

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