You’ve probably seen the ads. With just a few minutes, several times a week, Lumosity “brain training” can help you perform better in work or school. The Federal Trade Commission disagrees. The FTC ...

Lumosity released impressive growth numbers for its online brain training games. The company has added 6 million additional members since June 2011 for a total of 20 million registered users. Sign up ...

The company has agreed to pay $2 million to settle allegations it made unfounded claims. Online game provider Lumosity has agreed to pay $2 million to settle allegations that it made unfounded claims ...

The creators and marketers of the Lumosity brain-training program have agreed to settle Federal Trade Commission charges for false advertising, according to the FTC. The Lumosity mobile app program ...

WASHINGTON (AP) – The developer of Lumosity “brain training” games will pay $2 million to settle federal allegations that it misled customers about the cognitive benefits of its online apps and ...

One hundred thousand new users a day is a benchmark you typically associate with Twitter, Facebook, or Pinterest — in other words, a fluffy, viral consumer startup. Brain-training service Lumosity, on ...

The company that developed Lumosity "brain training" games has agreed to pay $2 million to settle federal allegations it deceived users about the games' benefits. (Video via Lumosity) On Tuesday, the ...

As Lumosity’s customers — 60 million and growing — log on day after day, year after year since 2007, the information they generate from their play is collected into a giant repository of data, the ...

Lumosity has quietly amassed more than 14 million members for its brain-training games, which help you improve your core mental abilities. That in turn has enabled the company to raise $32.5 million ...

Lumosity keeps your mind from turning into cabbage with its short and sweet minigames that have been designed to stimulate the brain. Josh Lowensohn joined CNET in 2006 and now covers Apple. Before ...

It doesn’t take a genius to realize why web-based brain training website Lumosity grew 400 percent to 11 million users in 190 countries last year. That’s because the mentally stimulating website not ...