Technical innovation

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Roblox CEO talks Grow a Garden success, earnings beating expectation
Yahoo Finance· 2025-08-02 16:00
Revenue & Growth - Roblox's vision is to have over 10% of the global gaming content market running on its platform [1] - The platform is approaching 3% of the gaming market, indicating significant growth potential [6] - Without the viral hit "Grow a Garden," the growth rate would still have been significantly above 20-25% [4] - Q2 over 13 DAUs growth was 64% [10] Platform & Content - "Grow a Garden" had over 30 million concurrent users and set a Guinness World Record with over 20 million concurrent users [2] - There are five experiences on the platform with over 10 million daily active users, showcasing content diversity [3] - Many of the top five games were made in the last year, indicating new content creation [5] - Experiences ranked 11-100 in bookings or time are growing rapidly, showing a deep content bench [9] Innovation & AI - Roblox is a net global job creator, with thousands of jobs in game creation, production, art, and design [15] - AI is seen as accelerating human capability of creators rather than replacing them [17] - Generative AI will allow users to create clothing, cars, or houses by talking about them [18] Future Outlook - July is trending in a positive direction [12] - The company upped its guidance for Q3 based on Q2 performance and expects a bigger year than initially anticipated [12] - There is a lot of open space on the platform in RPGs, sports, and racing [9]
Oil-Dri Corporation of America Appoints Dr. Mervyn de Souza as Vice President of Research & Development
GlobeNewswire News Room· 2025-07-08 20:00
Core Insights - Oil-Dri Corporation of America has appointed Dr. Mervyn de Souza as Vice President of Research & Development to lead global innovation efforts and develop new, value-added products leveraging the company's mineral resources [1][3] Group 1: Appointment and Role - Dr. de Souza brings over 25 years of experience in building and leading research, development, and innovation teams across various sectors including food, agriculture, life sciences, and industrial [2] - His responsibilities will include overseeing the Innovation Center, guiding exploratory research, and ensuring alignment with corporate strategy [3] Group 2: Expertise and Background - Dr. de Souza holds a Ph.D. in Biochemistry, Molecular Biology, and Biophysics, along with advanced degrees in Microbial Engineering and Biochemistry, and is a co-inventor on more than 20 patents [4] - His expertise encompasses intellectual property strategy, scientific partnerships, and translating technical advancements into commercially viable solutions [2] Group 3: Company Commitment and History - Oil-Dri has over 80 years of experience in mineral science, providing innovative solutions for various industries including animal health, consumer products, and industrial applications [5] - The appointment of Dr. de Souza reflects the company's commitment to technical excellence and meeting evolving global needs [5]