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Roblox Shares Crash As Engagement Headwinds Blindside Wall Street
Roblox Shares Crash As Engagement Headwinds Blindside Wall Street
Online gaming platform Roblox crashed the most in four years in premarket trading to the tune of 24%, after the company reported weaker-than-expected first-quarter user metrics and slashed its full-year bookings outlook.
One of the major problems plaguing Roblox has been that new child-safety features, including age-verification requirements and limits on platform communication, have slowed user growth.
Daily active users came in at 132 million, missing the Bloomberg Consensus estimate of 143.8 million, while hours engaged also missed estimates.
Here's a snapshot of first-quarter...
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Apr 10, 2026 / Tyler Durden
FCC Set To "Supercharge" Starlink Space Internet With "Seven-Fold More Capacity"
FCC Set To "Supercharge" Starlink Space Internet With "Seven-Fold More Capacity"
Federal Communications Commission Chairman Brendan Carr wrote on X that the agency will vote late this month on an order aimed at "supercharging" internet access by scrapping outdated power limits on satellite broadband, unlocking faster speeds, greater capacity, and more reliable service.
On April 30, the FCC will vote on "Modernizing Spectrum Sharing for Satellite Broadband," which would "promote efficient spectrum sharing between geostationary and non-geostationary satellite systems" and, in the FCC's own words, would "unlock more than $32 billion...
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May 28, 2026 / Tyler Durden
Iran Fires 'Warning Shots' On 'Unauthorized' Vessels Trying To Traverse Hormuz Strait
Iran Fires 'Warning Shots' On 'Unauthorized' Vessels Trying To Traverse Hormuz Strait
Summary
Rtrs citing Iran's Fars: Iran's armed forces carries out a missile launch operation from southern regions of the country toward specified targets. Reports of US ships targeted (unconfirmed); also 'warning shots' fired on 'illicit' vessels.
Per Axios: "U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval."
Unconfirmed reports of Ayatollah denial of MOU.
Saudi state media reports...
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Jun 1, 2026 / Tyler Durden
Moderna Snags $50 Million Ebola Vax Contract
Moderna Snags $50 Million Ebola Vax Contract
Moderna is receiving up to $50 million to accelerate the development of an Ebola vaccine, as the virus continues to spread in the eastern Democratic Republic of Congo.
The funding is coming from global health organization CEPI, which told Reuters that it was possible to bring the vaccines to trial phase within a couple of months.
CEPI said it would also invest up to $8.6 million for a shot developed by the University of Oxford and manufactured by the Serum Institute of India, and an initial $3.2 million...
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