PRESS DIGEST-New York Times business news – July 12

VAM Funds names Robert Gordon director of two funds

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July 12 (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.

– Twitter Inc will begin removing tens of millions of suspicious accounts from users’ followers on Thursday, signaling a major new effort to restore trust on the popular but embattled platform.

– Comcast Corp increased its offer for Sky Plc on Wednesday, valuing the satellite broadcaster at $34 billion, topping a bid from Twenty-First Century Fox Inc that came earlier in the day. Fox’s offer valued Sky at about $32.5 billion.

– Broadcom Inc has agreed to buy the software maker CA Technologies for nearly $19 billion, according to the two companies.

– Valence Media, the Billboard magazine’s parent company, said in a statement on Wednesday that John Amato had resigned as the chief executive of its Hollywood Reporter-Billboard Media Group. (Compiled by Bengaluru newsroom)

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