HITB GSEC Singapore (August 21st - 25th)
Register Online Now!
Lumosity forks out $2m after claiming its 'brain training' games worked
Lumosity – the maker of games that supposedly increase your mental agility – has coughed up $2m after being accused of false advertising.
And the San Francisco upstart will have to cut a further $50m check if it doesn't clean up its act.
The money was extracted by the US Federal Trade Commission (FTC) in an out-of-court settlement announced today. The regulator had charged the software company with deception for making "unfounded claims that Lumosity games can help users perform better at work and in school, and reduce or delay cognitive impairment associated with age and other serious health conditions."