PRESS DIGEST- New York Times business news - July 3
July 3 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
* Standard General, a little-known hedge fund backing Dov Charney, the ousted executive of American Apparel, is in talks with the company's board over the possibility of bringing in new leadership, including a cadre of experienced board members, while keeping the company's signature manufacturing in the United States. (nyti.ms/1z9cI12)
* Privacy and Civil Liberties Oversight Board, the federal privacy board that sharply criticized the collection of the phone records of Americans by the National Security Agency, has concluded that the surveillance program is largely in compliance with both the Constitution and a surveillance law that Congress passed six years ago. (nyti.ms/1s0Jcpt)
* Security researchers at the RSA Security division of the EMC Corp have uncovered what they believe is a significant cyber-crime operation in Brazil that took aim at $3.75 billion in transactions by Brazilians. (nyti.ms/1iYg9Tn)
* Venture capitalist Tim Draper, winner of the government auction of nearly 30,000 Bitcoins on Friday, intends to make the coins available for use in emerging markets via a partnership with the Bitcoin exchange start-up Vaurum. (nyti.ms/1mmAkei) Continuación...