Roblox earnings beat expectations on revenue, as user growth jumps 79%
Roblox earnings beat expectations on revenue, as user growth jumps 79%, with users putting a collective 9.7 billion hours into the game. The company went public via a direct listing in March, allowing current investors to sell shares. In Q1, the company reported that it had 42.1 million daily active users, up 79% year over year thanks in part to a 111% growth in dailyactive users over the age of 13.
Ford’s first electric pickup truck will be called the F-150 Lightning
Ford announced the name of its upcoming electric pickup truck: the F-150 Lightning, set to debut on May 19th at an event held at the automaker’s Dearborn, Michigan, headquarters. The company is also hosting 18 in-person events around the country, including in Times Square and Las Vegas.
Snack, a ‘Tinder meets TikTok’ dating app, opens to Gen Z investors
Snack is opening itself up to Gen Z investors, allowing Gen Z community members, influencers, creators and others to participate in the company’s upcoming $2 million SAFE. The company in February announced $3.5 million in seed funding for its modern, TikTok-style dating app, where users post videos to a feed which others then like in order to be matched.