Techmeme
May 25, 2014, 6:35 PM

Top News

Bloomberg:
U.S. Companies Hacked by Chinese Didn't Tell Investors  —  Three U.S. public companies identified as Chinese hacking victims didn't report the theft of trade secrets and other data to investors, despite rules designed to disclose significant events.  —  Two of the companies …
More: Techdirt
Reuters:
US may use visa restrictions to prevent Chinese nationals from attending Def Con, Black Hat  —  U.S. may act to keep Chinese hackers out of Def Con hacker event  —  (Reuters) - U.S. officials are considering using visa restrictions to prevent Chinese hackers from attending popular summer hacker conferences …
Ellis Hamburger / The Verge:
Spotify lands another hot integration, this time with mixing app Djay  —  Could Made For Spotify be the new Made For iPod?  —  Spotify isn't profitable quite yet, but with 10 million paid subscribers, the company is likely closer than anyone else in the on-demand music space to breaking even.
Matthew Panzarino / TechCrunch:
Apple's Expanded ‘Your Verse’ Campaign Pitches iPad As Mobile Creation Tool  —  Apple is releasing two new TV spots today, along with companion sections on its website.  The spots will continue its ‘Your Verse’ advertising, which attempts to demonstrate the ways that the iPad can be used to create and ‘do’.
Richard Lai / Engadget:
Following Microsoft, Sony's PlayStation business officially enters China  —  It's only been about a month since Microsoft announced that it'll be bringing the Xbox to China come September, courtesy of the local government lifting its somewhat lax ban on imported video games and consoles.
Matt Brian / Engadget:
Evelyn M. Rusli / Wall Street Journal:
Investor Talk on Uber's Valuation Hits as High as $17 Billion  —  The bids for Uber's funding round rolled in this past week, and the price for the on-demand car service seems poised to steeply rise.  —  Several investors have stepped up during the bidding process, offering valuations near or above $17 billion, two people said.
More: bizjournalsTweets: @jmcdulingThanks:@evelynrusli
Kim Zetter / Wired:
Government Seeks Seven-Month Sentence for LulzSec Leader ‘Sabu’  —  As a reward for his extensive cooperation helping prosecutors hunt down his fellow hackers, the government is seeking time served for the long-awaited sentencing of top LulzSec leader Hector Xavier Monsegur, also known as “Sabu.”

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