PRESS DIGEST - New York Times business news - June 23

June 23 (Reuters) - The following were the top stories in The New York Times business pages on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

* Thomson Reuters Corp (TRIL.L) (TRI.N) (TRI.TO) is going hard after Bloomberg LP, which has long been the marquee name on Wall Street for financial information. The companies are in a dead heat: Thomson Reuters has 34 percent of the market for financial data and Bloomberg 33 percent.

* Reliance Entertainment, part of an Indian conglomerate controlled by the telecommunications and finance mogul Anil Ambani, is in talks to finance Steven Spielberg and David Geffen in a new venture.

* While once formidable competitors like Motorola Inc (MOT.N) struggle to deliver their phones on time, Finnish mobile phone maker Nokia (NOK1V.HE) wants to transform itself into a next-generation entertainment company. Nokia is also positioning itself as a promoter of social networking, with photo and video sharing and games for users of its cellphones.

* Ad executives are expressing a growing fear that Web powerhouses like Google Inc (GOOG.O) and Microsoft Corp (MSFT.O) want to extend their reach into traditional advertising -- transforming, as they see it, a business built on creativity to one controlled by the sterile algorithms of computer programmers.

* A hastily convened global energy summit meeting led by Saudi Arabia ended largely in disagreement on Sunday, with only a modest pledge of increased production by the Saudis and no resolution on what other practical steps should be taken to ease the crisis over soaring oil prices.

* The accord on beef import from the U.S. into South Korea will be put on hold until public concern over the deal subsides, a South Korean official said.

* InfoSpace Inc (INSP.O), once an Internet juggernaut, is still around, although it is gradually dismantling itself, according to analysts who still watch the company. Today, the company's share of the search industry does not even reach 1 percent, and its name joins the scrap heap of once-formidable Internet brands that did not make it through.

* The ethanol industry has provided some top advisers to Senator Barack Obama, who has delivered ringing endorsements of ethanol as an alternative fuel.