Techmeme
May 25, 2014, 8:25 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: TechdirtTweets: @jasonh and @taosecurity
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 …
Dieter Bohn / The Verge:
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: @semil and @jmcdulingThanks:@evelynrusli
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.

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Earlier Picks

Lance Whitney / CNET News: