Usa Truck Disappointed Takeover Bid Made Public

A threat to Wolf allegedly read, “Either you do one of the things listed below or I upload these pics and a lot more (I have a LOT more and those are better quality) on all your accounts for everybody to see and your dream of being a model will be transformed into a pornstar” (sic). Fears about such hacking are not misplaced. Last month, it was reported that some high-end televisions with built-in cameras could be turned on without the viewers knowing. Security cameras, lights, heating control systems and even door locks and windows are now increasingly coming with features that allow users to control them remotely. Without proper security controls, there’s little to stop hackers from invading users’ privacy, stealing personal information or spying on people. FTC cracks down on hacked video camera maker Abrahams is a computer science student. His arrest came six months after Wolf alerted authorities to the “sextortion” scheme. Authorities executed a search warrant at Abrahams’ home on June 4, at which time he “voluntarily agreed to speak” with a pair of FBI agents. Describing himself in that interview as a college freshman who was good with computers, a criminal complaint said, he admitted using malware and his expertise to “watch his victims change their clothes and … use the photographs against them.” When he admitted what he’d done, Abrahams said he had 30 to 40 “slave computers” — or other people’s electronic devices he controlled — and has had as many as 150 total, according to the complaint. Investigators also linked him to at least eight other young women, some of them, like Wolf, from Southern California. Others were from as far away as Moldova. Rutgers Freshman’s Suicide Shows Risks of Webcams Wolf said she became aware of the hack after she got a Facebook alert that someone had tried to change her password.

(AP) — USA Truck is disappointed Knight Transportation made public its unsolicited takeover offer of about $94.5 million and says the company is being misleading in its version of events. On Thursday, Knight Transportation Inc. disclosed it had offered $9 per share for rival trucking company USA Truck Inc. Knight Transportation put the deal’s total value at about $242 million, including approximately $147 million in USA Truck outstanding debt. Knight Transportation claimed that USA Truck had not been interested in a deal and that it would consider “modestly” raising its offer if it finds more value in USA Truck during a due diligence process. Knight Transportation also announced that it has already purchased about 8 percent of USA Truck’s outstanding stock. In its response, USA Truck said its board previously reviewed Knight Transportation’s offer and unanimously determined that it undervalues the company and is not in its shareholders’ best interests. USA Truck said it had offered to meet with Knight Transportation to talk about why it considered the bid inadequate, but that Knight Transportation turned down the offer to meet. USA Truck said Knight Transportation also said it saw no point in having further talks about a possible transaction at that time. USA Truck said that it is still open to all strategic options, including further talks with Knight Transportation. But the company added that it still feels that moving forward with its strategic plan provides superior value to its shareholders. Knight Transportation is based in Phoenix, while USA Truck is based in Van Buren, Ark. Knight Transportation’s stock fell 3 cents to $16.57.

Team USA completes comeback with stunning America’s Cup victory over New Zealand

Team USA was led by 34-year-old skipper Jimmy Spithill, who won his second Americas Cup he also won the trophy with the team in February 2010. It was a fantastic race. We wouldnt have it any other way, said Spithill. We came from behind, the guys showed so much heart. On your own youre nothing, but a team like this can make you look great We were facing the barrel of a gun at 8-1 and the guys didnt even flinch. Americas Cup Team USA had trailed 8-1, but won seven straight to enter the winner-take-all Race 19. The victory completed one of the biggest comebacks in sports history. All but defeated a week ago, the 34-year-old Australian and his international crew twice rallied from seven-point deficits to win 9-8. Owned by software billionaire Larry Ellison, Oracle Team USA was docked two points for illegally modifying boats in warmup regattas and had to win 11 races to keep the Auld Mug. Associated Press The race did not start well for Spithill and Team USA, as the Kiwis took advantage of their port position. But after three lead changes in the third upwind leg once the Americans weakness Oracle sailed away with a 44-second victory. At the finish line, the team erupted into hugs and high-fives and were then joined by [Ellison]. USA TODAY Sports For those who arent familiar with sailing, the Associated Press puts the win into a mainstream sports perspective. In sailing terms, it was the equivalent of the Boston Red Sox sweeping the final four games of the 2004 ALCS over the New York Yankees, the only 3-0 comeback in major league history.