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Welcome To IANS Live - SCIENCE - Roblox changes 'game' with 'experience' to meet Apple standards


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San Francisco, May 16 (IANS) Taking a cue from the ongoing legal battle between Epic Games and Apple over the App Store policies, popular virtual gaming platform Roblox has replaced the word ‘game with ‘experience on its website.
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Update: 16-May-2021 ....

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Roblox could jump 25% and offers investors exposure to multiple growth 'megatrends,' JP Morgan says


Roblox could jump 25% and offers investors exposure to multiple growth megatrends, JP Morgan says
wdaniel@businessinsider.com (Will Daniel)
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Roblox CEO David Baszucki introduces one of the new Roblox games. Roblox
JP Morgan s Alexia Quadrani tagged Roblox with an overweight rating and an $85 price target on Monday citing megatrend exposure.
The price target implies a potential 25% jump in share prices from Tuesday s intraday low.
A growing user base and increasing average revenue per user added to the analyst s bullishness.
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In a note to clients, analysts led by Alexia S. Quadrani said that Roblox is set to outperform due to its involvement in key megatrends, its rising user base, and increasing average revenue per user. ....

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