Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Roblox Gains as Services Restored After Three-Day Outage

Published 11/01/2021, 07:16 AM
Updated 11/01/2021, 07:16 AM
© Reuters

By Dhirendra Tripathi

Investing.com – Roblox stock (NYSE:RBLX) traded 1% higher in Monday’s premarket a day after the company restored its services, ending a three-day outage.

A company statement indicated that the outage wasn't due to external malicious activity, reducing the risk that the data of its customer base - which consists largely of minors - could be compromised.

Roblox, an online platform which allows users to play and create games, began experiencing issues around Thursday afternoon.

Roblox said the outage was not due to any peak in external traffic or any particular experience, playing down speculation that a traffic surge due to a Halloween promotion event in partnership with food chain Chipotle (NYSE:CMG) was responsible.

“A core system in our infrastructure became overwhelmed, prompted by a subtle bug in our backend service communications while under heavy load," the company said in a statement. "The failure was caused by the growth in the number of servers in our datacenters.”.

Roblox indicated it will compensate the game designers who make its service tick. It pledged to "make its creator community economically whole,” if they had suffered loss as a result of the outage.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.