Reuters

By Zaheer Kachwala

(Reuters) - Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation.

The company's shares fell 18% in premarket trading.

The lowered forecast marks the latest downbeat report from the gaming industry, which has laid off hundreds of employees and shut studios... (continue reading...)

(Reuters) - President Volodymyr Zelenskiy on Thursday appointed former army chief Valeriy Zaluzhnyi, who led Ukraine's defence in the first two years of Moscow's full-scale invasion, as Kyiv's ambassador to the United Kingdom.

The decree was published on the presidential website. Zaluzhnyi was earlier named a "Hero of Ukraine".

Ukraine has not had an ambassador in London since Zelenskiy dismissed former envoy Vadym Prystaiko in July... (continue reading...)

(Reuters) - Online retail sales in the U.S. rose about 7% from January to April this year, an Adobe Analytics report showed on Thursday, driven by strong demand for groceries and cheaper discretionary items.

WHY IT'S IMPORTANT

Consumer discretionary spending has been in focus over the past several months, as sticky inflation has forced shoppers in various categories to trade down to more affordable products.

According to... (continue reading...)

By Byron Kaye

SYDNEY (Reuters) - Meta's oversight board upheld a decision to remove two Facebook posts calling for Australians to vote multiple times in an indigenous rights referendum, but noted the social media giant had not adequately explained its ban on encouraging voter fraud.

The board, which is funded by Meta but run independently, said Meta was correct to protect the democratic process by preventing voter fraud when it... (continue reading...)

By Stephen Nellis

(Reuters) - TikTok said on Thursday it would start using a technology aimed at helping it label images and video generated by artificial intelligence and uploaded to the video sharing service.

TikTok said it would adopt "Content Credentials," a digital watermark that denotes how images were created and edited. The Content Credential technology was spearheaded by Adobe but is open for other companies to use and already... (continue reading...)