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Paramount’s Naveen Chopra to Lead Finance at Roblox Amid Growth and New Revenue Push

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Naveen Chopra, currently finance chief at Paramount Global, will join video gaming firm Roblox as its new Chief Financial Officer, the companies announced Monday. Chopra takes the role as Roblox expands its engagement with Gen Z users and diversifies into new revenue streams like advertising.

Chopra has been CFO at Paramount since 2020, guiding the company’s shift from traditional media to streaming. Prior to that, he led finance for Amazon’s Devices and Services division. His move comes as Paramount aims to finalize its $8.4 billion merger with Skydance Media, pending U.S. FCC approval.

At Roblox, Chopra will succeed Michael Guthrie, who is stepping down after announcing his departure last year to pursue personal interests. Guthrie will remain through June to ensure a smooth handover and then serve as a consultant.

Wedbush Securities analyst Michael Pachter praised Chopra as a “seasoned professional” and “capable replacement,” highlighting the opportunity to influence Roblox’s growth trajectory.

Roblox has seen a 26% jump in average daily active users, reaching 97.8 million in the quarter ending March 31, leading the company to raise its annual bookings forecast despite economic uncertainties. To attract older gamers and increase spending on virtual items, Roblox is exploring new game genres, including horror.

Andrew Warren, Paramount’s strategic advisor to the CEO, will act as interim CFO during the transition.

Dassault Systèmes Delays Earnings Target to 2029, Cuts Revenue Growth Outlook

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French software firm Dassault Systèmes announced on Friday that it has extended the timeline for achieving its medium-term earnings target by one year, now expecting to reach it in 2029 instead of 2028. The company also lowered its revenue growth forecast amid weakening demand in the automotive sector and ongoing tariff-related uncertainties.

Previously, Dassault Systèmes aimed to double its non-IFRS diluted earnings per share (EPS) to between €2.20 and €2.40 by 2028 under its 2023–2028 strategy. The new timeline shifts this goal to 2029.

At its capital markets day event, the company revised down its medium-term revenue growth target to a compound annual growth rate (CAGR) of 7% to 8% from 2024 to 2029. This is a reduction from the previous forecast of double-digit growth of 10% for the 2023–2028 period.

The company cited a prolonged slowdown in the global automotive industry and market volatility linked to U.S. President Donald Trump’s tariffs as key challenges. Dassault Systèmes had already lowered its 2025 operating margin growth forecast in April and revised its 2024 forecasts twice last year.

These repeated downward adjustments have raised investor concerns about Dassault Systèmes’ ability to meet its medium- and long-term financial goals. Following the announcement, the company’s shares fell 1.7% as of 15:30 GMT.

Reddit Sues AI Firm Anthropic for Alleged Unauthorized Use of Data

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Reddit has filed a lawsuit against artificial intelligence startup Anthropic, accusing it of illegally using Reddit’s content to train its AI models without permission or a licensing agreement. The suit was filed Wednesday in San Francisco Superior Court, marking the latest legal clash over AI companies’ use of third-party online content.

In the complaint, Reddit alleges that Anthropic has scraped and exploited data from the platform over 100,000 times, despite publicly claiming last year that it had blocked its bots from accessing Reddit. According to Reddit, Anthropic’s Claude chatbot even acknowledged it was trained on at least some Reddit data, but could not confirm whether deleted content had been included.

“Anthropic refuses to respect Reddit’s guardrails and enter into a license agreement,” the complaint says, contrasting the company’s stance with that of Google and OpenAI, both of which have entered licensing arrangements with Reddit.

Reddit claims Anthropic’s actions violate its user policies and have allowed the startup to enrich itself by “tens of billions of dollars.” The lawsuit seeks unspecified restitution, punitive damages, and an injunction to stop Anthropic from further using Reddit content for commercial purposes.

Anthropic Responds

An Anthropic spokesperson said the company disagrees with Reddit’s claims and intends to defend itself vigorously. The lawsuit adds further scrutiny to Anthropic, whose backers include tech giants Amazon and Alphabet (Google).

Anthropic recently launched its latest Claude models, Opus 4 and Sonnet 4, on May 22, and has reportedly reached $3 billion in annualized revenue, according to sources familiar with the matter.

Growing Legal Tensions Over AI Training Data

This legal dispute highlights a broader industry-wide debate over how AI companies source and utilize data to train large language models. Many websites and publishers argue that AI firms are profiting from content without compensating the creators, while AI companies contend that publicly available internet data falls under fair use.

In a statement, Reddit Chief Legal Officer Ben Lee emphasized the platform’s support for an open internet but said AI companies need “clear limitations” when it comes to scraping and monetizing content.

Both companies are headquartered in San Francisco, located just a few blocks apart.

The case has been filed under Reddit Inc v Anthropic PBC, California Superior Court, San Francisco County, No. CGC-25-524892.