In an effort to address child safety concerns, digital gaming platform Roblox announced Monday that it is rolling out a major update to its safety features and parental controls.

Roblox shares slid more than 20% in early trading, as the gaming giant dialed back its forecasts for growth and first-quarter earnings showed player spending is slowing.

Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 4% By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.

Roblox notes that conversations between Trusted Connections are proactively monitored for critical harm (e.g., grooming). Plus, parents can view who their teen is connected to as a Trusted Connection.

Roblox is now rolling out the ability for developers to create subscriptions that they can sell in their experiences. Users won’t be able to buy subscriptions until sometime in November, however.

As scrutiny around Apple’s and Google’s app store fees ramps up around the world, Roblox is now offering users who buy its game currency, Robux, on the web and via gift cards 25% more than ...