Texas Attorney General Ken Paxton says he has sued Roblox over “flagrantly ignoring” safety laws and “deceiving parents” about the dangers the online video gaming platform poses to young people.

In a social media post he said Roblox is a “breeding ground for predators”, accusing Roblox of putting “pixel paedophiles and corporate profit” over the safety of Texas children.

The lawsuit adds to the legal challenges related to online safety and internet predators faced by the gaming giant, which has tens of millions of daily active users.

Roblox told the BBC it is “disappointed” that it is being sued based on “misrepresentations and sensationalised claims”.

The company’s spokesperson said in a statement that it shares Paxton’s commitment to keeping children safe online and that it has introduced measures to remove bad actors and protect its users.

Roblox, which is especially popular with children, operates a massive online platform where users can play solo or with friends.

The platform has been marketed to families and offers a host of educational games that teach subjects including coding, physics and problem-solving.

Users are also offered developer tools to build their own games – a feature that has resulted in some violent and sexual content surfacing on Roblox.

Another feature that allows users to enter servers and interact with strangers online has also been criticised for potentially exposing young players to dangerous individuals.

Parents and children have raised concerns about Roblox, saying that they have seen distressing content or suffered abuse on the platform.

Paxton called on the company to do more to protect children from “sick and twisted freaks hiding behind a screen”.

“Any corporation that enables child abuse will face the full and unrelenting force of the law,” he said in a statement on X.

Texas joins the US states of Kentucky and Louisiana which have also sued Roblox over potential harms to children.

Dave Baszucki, Roblox’s chief executive, previously told the BBC that parents who are uncomfortable with their children playing games on the platform should not let them use it.

“That sounds a little counter-intuitive, but I would always trust parents to make their own decisions,” Mr Baszucki said.

Roblox has introduced features in recent years to tighten age verification and safety for young players.

The platform said it is rolling out technology to estimate a player’s age using video selfies and other measures before they are allowed to communicate on Roblox.

Last year, Roblox also announced it will block under-13s from messaging others on the platform unless a parent or guardian grants permission.

Roblox has been banned in some countries, including Turkey over concerns about child exploitation.

The platform came under scrutiny in Singapore in 2023 after the government said that a self-radicalised teenager had joined ISIS-themed servers on Roblox.

The 16-year-old, who was one of two young people who were detained at the time, had joined Roblox servers that replicated real-life conflict zones such as those in Syria, the Singapore government said.

Morgan Stanley has an equal-weight rating on SBI with the target price raised to Rs 1,025. Analysts said the key positive from SBI’s July-Sept (Q2FY26) results was a 5% higher net interest income (NII) over analysts’ estimates and strong fees. Its profit after tax (PAT, pre-exceptional gain) was 15% above estimates, while asset quality remained strong. Analysts raised earnings per share (EPS) estimates by high single-digit percentage points for FY26 to FY28.Jefferies has a buy on M&M with the target price Raised to Rs 4,300. Analysts said the auto major delivered 14th consecutive quarter of double-digit earnings before interest, taxes, depreciation and amortisation (EBITDA) growth, with Q2FY26 up 23% on the year (YoY), ahead of analysts’ estimates. M&M raised FY26 outlook for tractors and LCVs, and now expects double-digit growth across segments. Analysts also said it has gained market share across SUV, tractors and LCVs in recent years. It also plans to launch three new SUVs in CY26, and a new SUV platform in CY27.HSBC has a buy on Adani Ports with the target price raised to Rs 1,700. Analysts said for the company Q2FY26 marked another quarter of continued improvement in return on capital employed (ROCE) across major businesses, notably in international ports. Robust underlying demand, market share gains, and overseas expansion underpin its 1,000 million metric ton throughput ambition for 2030. The company’s strategic pivot to focus on ROCE improvement should drive rerating.Citigroup has a buy rating on Paytm with the target price at Rs 1,500. Analysts said the company reported strong growth and market share momentum in credit on UPI (Rupay & Postpaid) is a tailwind that is likely to continue to aid net payment margins ex-devices. Additionally, device costs (across new device capex, refurbishment) have meaningfully declined, improving device economics. They said overall, Paytm reported a solid beat on EBITDA/EBIT on lower cloud costs and lower depreciation & amortisation. They said PayTM’s outlook on growth and EBIT margins are robust.CLSA has a hold rating on Kaynes Technology with the target price slightly reduced to Rs 6,375 from Rs 6,410 earlier. Analysts said the company’s Q2FY26 top line was largely in line while margins were slightly better. It maintained its FY26/FY28/FY30 revenue guidance, indicating consistently strong growth. However, cashflow conversion remained low, with around Rs 510 crore working capital increase largely due to receivables, which the company expects to improve going forward. While analysts are positive on the company on its strong growth outlook, low free cash flow generation could raise risks of consistent fund raise.

Tesla shareholders have approved a record-breaking pay package for boss Elon Musk that could be worth nearly $1tn (£760bn).

The unprecedented deal was approved by 75% of Tesla shareholders who cast votes at the firm’s annual general meeting on Thursday.

The deal requires Musk, who is already the world’s richest man, to drastically raise the electric car firm’s market value over a period of years. If he meets various targets, he will be rewarded with hundreds of millions of new shares.

The scale of the deal is controversial, but the Tesla board argued that Musk might leave the company if it was not approved – and that it could not afford to lose him.

The announcement drew loud applause from the audience at the meeting in Austin, Texas. Musk took to the stage and danced to chants of his name.

“What we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book,” he said.

“Other shareholder meetings are snoozefests but ours are bangers. Look at this. This is sick,” Musk said.

The milestones Musk achieve include raising Tesla’s market value to $8.5tn from $1.4tn at time of writing.

He would also need to get a million self-driving “Robotaxi” vehicles into commercial operation.

But his early remarks on Thursday placed the spotlight on the Optimus robot, dashing the hopes of some long-time analysts and Tesla watchers who want Musk to focus on reviving the company’s electric vehicle business.

“Let it sink in where Musk’s head is at,” wrote analyst Gene Munster, the managing partner at Deepwater Asset Management, on X.

“His vision of the ‘new book’ starts with Optimus. No mention of cars, FDS and robotaxi yet.”

Later in his remarks, Musk did refer to FSD, shorthand for full-self driving, saying the company was “almost comfortable” allowing drivers to “text and drive essentially.”

He also likened dealing with regulators to being in a Franz Kafka novel.

US regulators are investigating Tesla’s self-driving feature after multiple incidents in which the cars drove through red lights or on the wrong side of the road.

Some of these incidents have resulted in crashes that have caused injuries.

Tesla shares were slightly higher in after hours trading but have risen more than 62% over the last six months.

Wedbush Securities’ Dan Ives, a tech analyst whose been a long time advocate of Musk’s leadership of Tesla, called Musk “Tesla’s biggest asset” in a note published after the vote.

“We continue to believe that the AI valuation is getting unlocked, and we believe the march to an AI driven valuation for TSLA over the next 6-9 months has now begun,” Mr Ives added.