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238:", without providing any scientific evidence to back its claims. The company was ordered not to make any claims that its products can " performance in school, at work, or in athletics" or " against age-related decline in memory or other cognitive function, including mild cognitive impairment, dementia, or Alzheimer's disease", or " cognitive impairment caused by health conditions, including Turner syndrome,
229:
over claims of false advertising for their product. The
Commission found that Lumosity's marketing "preyed on consumers' fears about age-related cognitive decline, suggesting their games could stave off memory loss,
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Lumos Labs was founded in 2005 by Kunal Sarkar, Michael
Scanlon, and David Drescher. Lumosity.com launched in 2007 and, as of January 2015, has 70 million members.
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On
January 5, 2016, Lumos Labs agreed to a $ 50 million settlement (reduced to $ 2 million subject to financial verification) to the
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The company raised $ 400,000 in capital from angel investors in 2007, a Series A of $ 3 million from
Harrison Metal Capital,
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Melby-Verlag, M. & Hulme, C. (February 2013). "Is
Working Memory Training Effective? A Meta-Analytic Review".
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239:
533:"Lumosity to Pay $ 2 Million to Settle FTC Deceptive Advertising Charges for Its "Brain Training" Program"
482:"Lumosity to Pay $ 2 Million to Settle FTC Deceptive Advertising Charges for Its "Brain Training" Program"
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to support claims that memory training helps people improve cognitive functioning.
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464:"Lumosity Raises $ 31.5M from Discovery Communications for Brain Fitness Games"
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508:"Lumosity pays $ 2 million to FTC to settle bogus "Brain Training" claims"
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392:"Let's celebrate — this month Lumosity added our 70 millionth member!"
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612:"Mind the gap: What Lumosity promised vs. what it could prove"
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is an online program consisting of games claiming to improve
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254:", without "competent and reliable scientific evidence".
445:"Lumosity Raises $ 32.5 Million For Brain Fitness Games"
329:""Brain training" with Lumosity — does it really work?"
407:"Lumosity Raises $ 400,000 for Fames to Improve Brain"
308:"How to Get to 50 Million Users: 4 Tips from Lumosity"
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Educational technology companies of the United States
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83:Krishna Kakarala (Executive Chairman of the board)
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474:
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374:"Small Brain-Training Game Maker Getting Bigger"
488:. U.S. Federal Trade Commission. 5 January 2016
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355:"Brain-Training Games Are New Exercise Craze"
209:in 2008, a Series C of $ 32.5 million led by
217:with participation from existing investors.
185:, speed of processing, and problem solving.
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213:, and a Series D of $ 31.5 million led by
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244:attention deficit hyperactivity disorder
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16:Brain training program (launched 2007)
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426:"Lumosity Nets $ 3m For Brain Gaming"
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353:Roubein, Rachel (August 24, 2011).
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250:(TBI), stroke, or side effects of
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799:Companies based in San Francisco
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424:Glazowski, Paul (June 3, 2008).
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372:Sherr, Ian (November 5, 2013).
221:Effectiveness and legal history
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405:Kaplan, Dan (June 11, 2007).
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112:$ 23.7 million (2012)
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616:Federal Trade Commission
560:Developmental Psychology
227:Federal Trade Commission
215:Discovery Communications
207:Norwest Venture Partners
804:Brain training programs
702:Brain Gym International
394:. Lumosity on Google+.
248:traumatic brain injury
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378:Wall Street Journal
236:Alzheimer's disease
161:Current status
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620:. Retrieved
618:. 2016-01-05
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252:chemotherapy
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170:
169:
145:Registration
35:Type of site
737:NeuroNation
411:VentureBeat
313:4 September
234:, and even
183:flexibility
783:Categories
727:LearningRx
722:Fit Brains
622:2024-03-27
543:January 5,
492:17 January
468:TechCrunch
449:TechCrunch
294:References
282:NeuroRacer
197:Financials
137:Commercial
72:Portuguese
568:CiteSeerX
517:5 January
359:USA Today
179:attention
128:.lumosity
765:Category
732:Lumosity
682:programs
598:12370312
590:22612437
430:Mashable
265:See also
246:(ADHD),
242:(PTSD),
232:dementia
171:Lumosity
153:Launched
148:Required
95:Lumosity
64:Japanese
20:Lumosity
486:ftc.gov
338:16 June
189:History
109:Revenue
89:Revenue
52:Spanish
48:English
707:Cogmed
596:
588:
570:
276:Cogmed
175:memory
164:Active
68:Korean
60:French
56:German
39:Public
594:S2CID
586:PMID
545:2016
519:2016
494:2016
340:2017
315:2024
205:and
156:2007
130:.com
578:doi
140:Yes
126:www
121:URL
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
