Roblox, Louisiana
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A federal grand jury handed down an indictment against New Orleans Mayor LaToya Cantrell after an investigation into corruption.
Roblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children, was accused in two lawsuits of failing to sufficiently protect youngsters on its platform.
Roblox isn't facing a ban in the United States right now, but recent controversy has sparked debate on the platform's future in its home country.
The U.S. state of Louisiana is suing Roblox, alleging it facilitates "the sexual exploitation of Louisiana's children".
Louisiana is the first state to sue Roblox, claiming it exposes kids to harmful content and predators, prompting concerns over safety measures in the popular gaming platform for children.