Roblox rises after announcing worldwide rollout of accounts with tougher parental controls
BUZZ-Roblox rises after announcing worldwide rollout of accounts with tougher parental controls ** Roblox RBLX.N gains ~6% to $48.29 after announcing the worldwide rollout of children accounts with tougher parental controls
** The game developer is on track for a second straight session of gains
** Says Roblox Kids and Roblox Select accounts are now available worldwide after a limited rollout last month in Australia, Indonesia, the Netherlands and New Zealand
** Rollout brings together age checks, age-based account settings, content ratings, ongoing moderation and expanded parental controls into a single framework - RBLX
** Adds that age-checked under-16 users will retain access to vast majority of their favorite games; the experience for age-checked users 16 and older remains unchanged
** Britain on Monday became the latest country to announce a sweeping ban on social media sites for under-16s and impose restrictions on gaming and live-streaming platforms
** RBLX has declined 40.3% YTD vs NASDAQ Composite Index's .IXIC 14.3% increase
(Reporting by Chibuike Oguh in New York)
((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))
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