SameTeem
Search titles only
By:
Log in
Register
What's new
Search
Search
Search titles only
By:
Home
Forums
Forums
New posts
Search forums
What's new
What's new
Featured content
Media
Resources
Free TeamSpeak Channel
TeamSpeak
TeamSpeak
Vote
Rank System
Make a Channel
Free Channel Information
Servers
Sourcebans
New posts
SameTeem
Home
Forums
New posts
Search forums
What's new
Featured content
Media
Resources
Free TeamSpeak Channel
TeamSpeak
Vote
Rank System
Make a Channel
Free Channel Information
Servers
Sourcebans
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Download TeamSpeak Today
Proudly sponsored by TeamSpeak
Forums
News and Announcements
Gaming News
Roblox Accused of Massively Inflating User Stats and Fostering 'Hellscape' for Children in Scathing Report
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Admin" data-source="post: 65062" data-attributes="member: 1"><p>Roblox Corporation stocks dipped on Tuesday after a <a href="https://hindenburgresearch.com/roblox/" target="_blank">new report from investment firm Hindenburg Research</a>, which accused it of deliberating inflating its daily active user stats and fostering what it described as an "X-rated pedophile hellscape" for children.</p><p></p><p></p><p>As reported by the <a href="https://www.wsj.com/tech/short-seller-hindenburg-says-roblox-inflates-user-metrics-compromises-child-safety-92c77b5e" target="_blank">Wall Street Journal</a>, Hindenburg Research is a well-known short-selling firm known for investigating high-profile stocks and making bets against them, which sometimes leads to investigations by the U.S. Justice Department. Its previous targets have included green transportation company Nikola, India's Adani Group, and Super Micro Computer.</p><p></p><p>A former data scientist told us that activity in Vietnam 'inflated a lot of our numbers. Like crazy, insane, in terms of engagement, DAU<s>'</s></p><p><s></s></p><p><s>In its report, Hindenburg Research says Roblox's claim of 79.5 million daily active users is inflated by between 25 percent and 42 percent, citing a technical consultant that it says monitored 7,200 Roblox games across 2.1 million server, collecting 297.7 million rows of real-time player data. It also notes that in 2023, Roblox told the SEC that it is "unable to identify if a user has multiple accounts," and claims that a large amount of engagement stems from bot rings operating out of countries such as Vietnam.</s></p><p><s></s></p><p><s>"A former data scientist told us that activity in Vietnam 'inflated a lot of our numbers. Like crazy, insane, in terms of engagement, DAU<s>," the reports says.</s></s></p><p><s><s></s></s></p><p><s><s>Elsewhere, the report accuses Roblox of being a haven for groomers and pedophiles due to its lack of "up-front screening to prevent them from joining the platform." In one of its most serious accusations, the report claims to have found a group called "Adult Studios," which has since been blocked, with 3,334 members openly trading child pornography and soliciting sexual acts.</s></s></p><p><s><s></s></s></p><p><s><s></s></s></p><p><s><s></s></s></p><p><s><s>A Roblox spokesperson called the report "misleading" in a statement to the Wall Street Journal and accused Hindenburg Research of having an agenda. "We firmly believe that Roblox is a safe and secure platform and in the financial metrics we report."</s></s></p><p><s><s></s></s></p><p><s><s>Hindenburg Research responded by arguing that the company's response failed to address the report's core allegations. IGN has reached out to the Roblox Corporation for any further comment.</s></s></p><p><s><s></s></s></p><p><s><s>Many of the accusations within the report have been circulating for some time now. A 2023 class action lawsuit in <a href="https://www.businesswire.com/news/home/20231107766120/en/Multiple-Families-Sue-Roblox-Corporation-for-Exploiting-Children-Online/" target="_blank">California accused the Roblox Corporation</a> of being misleading about "the efficacy of its filtering technologies and its ability to make the site safe and appropriate for children." A 2021 report by <a href="https://www.youtube.com/watch?v=_gXlauRB1EQ" target="_blank">YouTube channel People Make Games</a> alleged that Roblox was exploiting child labor.</s></s></p><p><s><s></s></s></p><p><s><s>"Overall, we think Roblox has adopted the Silicon Valley approach of ‘growth at all costs’, whether by misleading or outright lying to investors about its key metrics or by opening its platform to dangerous </s></s></p><p><s><s>predators and illicit content unsuitable for children," the report says, with the Hindenburg Group saying that it has taken a short position in shares for the Roblox corporation.</s></s></p><p><s><s></s></s></p><p><s><s></s></s></p><p><s><s><em>Kat Bailey is IGN's News Director as well as co-host of Nintendo Voice Chat. Have a tip? Send her a DM at @the_katbot.</em></s></s></p><p><s><s></s></s></p><p><s><s><a href="https://www.ign.com/articles/roblox-accused-of-massively-inflating-user-stats-and-fostering-hellscape-for-children-in-scathing-report" target="_blank">Continue reading...</a></s></s></p></blockquote><p></p>
[QUOTE="Admin, post: 65062, member: 1"] Roblox Corporation stocks dipped on Tuesday after a [URL='https://hindenburgresearch.com/roblox/']new report from investment firm Hindenburg Research[/URL], which accused it of deliberating inflating its daily active user stats and fostering what it described as an "X-rated pedophile hellscape" for children. As reported by the [URL='https://www.wsj.com/tech/short-seller-hindenburg-says-roblox-inflates-user-metrics-compromises-child-safety-92c77b5e']Wall Street Journal[/URL], Hindenburg Research is a well-known short-selling firm known for investigating high-profile stocks and making bets against them, which sometimes leads to investigations by the U.S. Justice Department. Its previous targets have included green transportation company Nikola, India's Adani Group, and Super Micro Computer. A former data scientist told us that activity in Vietnam 'inflated a lot of our numbers. Like crazy, insane, in terms of engagement, DAU[s]' In its report, Hindenburg Research says Roblox's claim of 79.5 million daily active users is inflated by between 25 percent and 42 percent, citing a technical consultant that it says monitored 7,200 Roblox games across 2.1 million server, collecting 297.7 million rows of real-time player data. It also notes that in 2023, Roblox told the SEC that it is "unable to identify if a user has multiple accounts," and claims that a large amount of engagement stems from bot rings operating out of countries such as Vietnam. "A former data scientist told us that activity in Vietnam 'inflated a lot of our numbers. Like crazy, insane, in terms of engagement, DAU[s]," the reports says. Elsewhere, the report accuses Roblox of being a haven for groomers and pedophiles due to its lack of "up-front screening to prevent them from joining the platform." In one of its most serious accusations, the report claims to have found a group called "Adult Studios," which has since been blocked, with 3,334 members openly trading child pornography and soliciting sexual acts. A Roblox spokesperson called the report "misleading" in a statement to the Wall Street Journal and accused Hindenburg Research of having an agenda. "We firmly believe that Roblox is a safe and secure platform and in the financial metrics we report." Hindenburg Research responded by arguing that the company's response failed to address the report's core allegations. IGN has reached out to the Roblox Corporation for any further comment. Many of the accusations within the report have been circulating for some time now. A 2023 class action lawsuit in [URL='https://www.businesswire.com/news/home/20231107766120/en/Multiple-Families-Sue-Roblox-Corporation-for-Exploiting-Children-Online/']California accused the Roblox Corporation[/URL] of being misleading about "the efficacy of its filtering technologies and its ability to make the site safe and appropriate for children." A 2021 report by [URL='https://www.youtube.com/watch?v=_gXlauRB1EQ']YouTube channel People Make Games[/URL] alleged that Roblox was exploiting child labor. "Overall, we think Roblox has adopted the Silicon Valley approach of ‘growth at all costs’, whether by misleading or outright lying to investors about its key metrics or by opening its platform to dangerous predators and illicit content unsuitable for children," the report says, with the Hindenburg Group saying that it has taken a short position in shares for the Roblox corporation. [I]Kat Bailey is IGN's News Director as well as co-host of Nintendo Voice Chat. Have a tip? Send her a DM at @the_katbot.[/I] [url="https://www.ign.com/articles/roblox-accused-of-massively-inflating-user-stats-and-fostering-hellscape-for-children-in-scathing-report"]Continue reading...[/url][/s][/s] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
News and Announcements
Gaming News
Roblox Accused of Massively Inflating User Stats and Fostering 'Hellscape' for Children in Scathing Report
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top
