Roblox

Okta says hundreds of companies impacted by security breach

Okta says 366 corporate customers, or about 2.5% of its customer base, were impacted by a security breach that allowed hackers to access the company’s internal network. The authentication giant

Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,

Meta to allow Horizon Worlds users to turn their avatar’s personal safety boundary off

After reports that women were already being groped and sexually harassed in Meta’s new VR spaces, Horizon Worlds and Venues, the company formerly known as Facebook last month rolled out a new &#

The PlayStation version of Roblox is materializing

A new job posting from Roblox hints that the company’s loose plans to expand to Sony’s gaming console are getting much closer to becoming a reality. The listing seeks a PlayStation console

Mark Zuckerberg demos a tool for building virtual worlds using voice commands

Meta, formerly known as Facebook, today showed off a prototype of an AI system that enables people to generate or import things into a virtual world just by using voice commands. The company sees the

Welcome to the post-pandemic economy, startups

The latest corporate results are telling us that the pandemic is over, from a business perspective. This is critical for startups to understand.

Over 500 mobile apps are now using the term ‘metaverse’ to attract new users

A true “metaverse” may not yet exist, but that hasn’t stopped marketers from adopting the buzzword to promote their apps and games on mobile app stores. According to new data shared

South Korea’s Naver Z launches $100M fund for metaverse creators

South Korean internet conglomerate Naver Group continues to ride the hottest internet trends targeting young users. It has been the name behind messaging giant Line and popular selfie app Snow. And no

Daily Crunch: Banking app Current amps up its savings rate to 4.00% APY

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Second Life’s creator is returning to advise the original metaverse company

The creator of one of the earliest and most enduringly iconic virtual worlds is returning to his roots. Second Life’s founder Philip Rosedale will rejoin the company he founded in 1999 as a stra

Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year

The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by veterans fr

Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype

There’s still a haze of uncertainty surrounding blockchain games, so we reached out to several active investors in to get a clearer picture of where opportunities exist today and what they see on th

Roblox pauses service in China as it takes ‘important transitory actions’

On December 8, Roblox’s Chinese version LuoBuLeSi, published and operated by Tencent, abruptly closed down its server five months after it launched on iOS and Android. Many users, taken by surpr

What 2021’s IPO pops tell us about future flotations and SPACs

Let's talk about public offerings now that the IPO season is essentially behind us. 

Black Friday data adds to evidence e-commerce growth is slowing

No, the secular shift to online shopping will not reverse. But it is also seemingly reverting to slower growth rates.

Tencent shares its metaverse vision for the first time

How could Tencent not jump on the metaverse bandwagon when Facebook is hinging its future on the new buzzword? At this stage, Tencent’s approach seems more measured than Facebook’s $10 bi

igniteXL Ventures closes debut fund to target ‘$5T oversight’ in beauty, wellness

General Partner Claire Chang’s plan is to deploy capital into 30 new investments and keep some back for follow-on investments.

Facebook’s ‘meta-existential’ pivot for survival

As an investor in VR and AR since 2016, I find it cautiously encouraging to hear all the talk of “metaverse” on trending business channels today.

Match Group details plans for a dating ‘metaverse,’ Tinder’s virtual goods-based economy

Tinder has already undergone a big revamp with its recent launch of “Explore,” a new section inside the app that will enable more interactive experiences, including the second “Swipe

Roblox outage helped boost games like Among Us and Minecraft, report finds

Roblox’s three-day Halloween weekend outage benefitted other popular gaming apps, according to new data from mobile intelligence firm Sensor Tower. In a rare, but unfortunately timed outage, Rob
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