Tag: video game industry

Roblox Grapples With Employee Demands for More Diversity
Technology

Roblox Grapples With Employee Demands for More Diversity

[ad_1] In the spring of 2021, the staff at video-game juggernaut Roblox Corp. gathered for an all-hands meeting over the video conferencing app Zoom. An employee submitted by text a question to executives about why there were so few women at the top ranks of the company. According to multiple people in attendance, the company's co-founder and chief executive officer David Baszucki accepted the query at the virtual get-together and responded by saying that Roblox has a very high bar in hiring.Several of the women there said they found the comment dismissive, but not surprising. In public and private forums, the 60-year-old Baszucki and his deputies often noted that the goal of the San Mateo, California-based company was to “hire the best people.” Three of the 15 current or former female ...
China’s video game makers come in from the cold as crackdown eases
Technology

China’s video game makers come in from the cold as crackdown eases

[ad_1] China's end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year. China's end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining restrictions on some content and economic headwinds will limit the extent of the recovery. Beijing's tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the market value of sector leaders like Tencent Holdings and NetEase Inc and shrinking the world's biggest gaming market for the first time. Shares of Tencent, the world's largest gaming company, and NetEase rose this week after China's video games regulator granted the first gaming licences in 2...