PIRACY’S NOT A NEW PROBLEM FOR HOLLYWOOD

Piracy is a long-running and even routine issue for Hollywood, whether it’s street vendors hawking bootleg DVDs on street corners or video uploaded to file-sharing sites like Pirate Bay. Now cybercriminals are also putting embarrassing chatter and other company secrets at risk.

The reputational risk from leaked email is much more difficult to calculate than any financial risk from piracy. “In some ways, that risk can be higher because you have no way of knowing what’s in those emails,” said Erik Rasmussen of Kroll Cyber Security.

The cataclysmal event in the back of everyone’s mind is the Sony hack in 2014 . While unreleased movies were leaked, what’s remembered is the chaos unleashed amid a network shutdown and the disclosure of derisive comments about such wellknown actors as Angelina Jolie and Leonardo DiCaprio.

Although the recent HBO leaks so far have fallen well short of the damage inflicted on Sony, there were concerns early on that hackers were setting the stage for an embarrassing sequel for Hollywood.

Fox’ sJa mes Murdorch donates to ADL.

The CEO of 21st Century Fox has denounced racism and terrorists and expressed concern over President Donald Trump’s reaction to the violence in Charlottesville, Va. James Murdoch also told friends in a personal email that he and his wife, Kathryn, will donate $1 million to the Anti-Defamation League. Murdoch is the son of media mogul and Trump ally Rupert Murdoch.

Chin ali mits som eo verseas investments.

BEIJING» The Chinese government is moving to curb domestic companies’ investments abroad in property, sports, entertainment and other fields. The move follows a series of high-profile, multibillion-dollar acquisitions by Chinese companies that have drawn heavy scrutiny. A document released Friday by the State Council, China’s Cabinet, was the latest move by regulators to tap the brakes on a string of foreign acquisitions by Chinese conglomerates, citing concerns they might be taking on too much debt.

Rigs drop.

HOUSTON» The number of rigs exploring for oil and natural gas in the U.S. decreased by three this week to 946. A year ago, just 491 rigs were active. Oilfield services company Baker Hughes said the number of rigs in Colorado this week was unchanged. — The Associated Press