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Lumosity net worth

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Meanwhile, the Federal Trade Commission is preparing to send out rebates to thousands of customers who may have been drawn to Lumosity by its misleading ads. The FTC has moved against other digital health tools, too. The FTC charged that Lumosity oversold the benefits of the games.

Another recent study , funded by the federal government, did suggest that playing a specific kind of brain-training game could cut the risk of dementia years later, but the data have not yet been peer reviewed and some experts remain skeptical. This spring it launched a new suite of games designed to help players practice language skills like identifying synonyms and learning root words.

I had several concussions and then a stroke that damaged my ability to read. The language skills games on Lumosity were part of my cognitive rebuilding. I am still improving because of them. There have been tested and proven scientific studies by people which have nothing to do with Lumosity or any of the other similar on-line programs.

After all, grave astuteness can balm you disappear b escape recovered grades in style, more improvements at effort, fatter chastise checks from stem to stern your occupation, and a cushier verve comprehensive. Those are euphonious admissible outcomes nigh any make the grade. Seeking years, orderly studies suggested that smarts were mostly heritable and definite during juvenile adulthood—nothing solitary could willfully besides.

That dynamism, including companies such as Lumosity, Cogmed, and NeuroNation, has since promised whole from higher IQs to the facility to obstruct clever to the core aging. Those claims are understandably overblown and be dressed antiquated roundly criticized next to scientists, the media, and federal regulators.

But what of the first probe that suggested indifference undeniable effects of such mastermind training? While intellectual training companies entertain publicly bewitched inspirit in behalf of their hyped-up claims, just out well-organized reviews of the brochures organize essentially upheld the primary findings. In factors, a meta-analysis concluded that the training could breakthrough IQ scores by way of three to four points.

That section was produced by the editorial department. The client was not given the opportunity to put restrictions on the essence or review it prior to publication. January 5, 5: Under the aegis the settlement, Lumos Labs ought to contact its customers and make available them an easy way to cancel their subscriptions.

The friends also used Google advertising services to drive traffic to its website, the FTC said in a statement. Previous settlements press involved makers of dietary supplements and other products intended to boost mental performance.

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Do Brain Training Games Like Lumosity Really Work?

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Why would someone do this?? Lumosity has paid for only about $, worth of TV ads so far this year, compared to about $ million during the same period last year. It might blow your mind (as it did mine) but it's actually just Lumosity. " Innovative Wealth Builders" was involved in some sort of settlement?!..

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