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PRESS DIGEST-New York Times business news - Nov 13
November 13, 2012 / 5:50 AM / 5 years ago

PRESS DIGEST-New York Times business news - Nov 13

Nov 13 (Reuters) - The following are the top stories on the New York Times business pages on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* Fake accounts and fraudulent “likes” are an especially acute problem for Facebook as it has sought to distinguish itself as a place for real identity on the Web. ()

* Microsoft has unexpectedly parted ways with Steven Sinofsky, the leader of one of its most lucrative businesses and an executive often mentioned as a possible successor to the current chief executive. ()

* The United States will overtake Saudi Arabia as the world’s leading oil producer by about 2017 and will become a net oil exporter by 2030, the International Energy Agency said on Monday. ()

* A federal jury in Manhattan rejected the Securities and Exchange Commission’s claim that Bruce Bent, the man credited with inventing a popular investment vehicle known as a money market fund, defrauded investors when his flagship fund failed in September 2008, sowing panic among ordinary investors. ()

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