Roblox’s Exchange System Exploits Young Developers; Investigative Report. According to a recent investigation, Roblox is…
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Roblox, a user-generated gaming platform, has acquired a real-time animation startup studio, Loom.ai for an amount that is still undisclosed. Loom.ai is a startup based in San Francisco founded by a team of talented individuals hailing from Dream Works and Lucas Film. Loom.ai specialized in real-time facial animation technology and 3D avatars.
The US-based gaming firm Roblox filed for an IPO and to attain future growth the children and community-focused gaming platform is preparing to enter China. The details were revealed for the first time in its IPO prospectus.