Facebook's chief operating officer Sheryl Sandberg sold $7.4m (£4.7m) worth of Facebook shares on 31 October, the earliest opportunity Facebook executives had to offload stock since the social network's ill-fated flotation on the stock market. According to regulatory filings in the US, Sandberg sold 13,392 shares at $20.79 each and 339,512 shares at $21.10 each.
Auto Trader is launching a monthly interactive publication called Ignition, ahead of the expected closure of its flagship printed title and the arrival of a rival News International car site. Ignition will feature car reviews, news and features. It allows users to load tailored search results from Auto Trader's online market place. It also includes a live Twitter feed, with information about the different vehicles for sale via Auto Trader.
BSkyB has signed a multi-year deal with NBCUniversal for the rights to current, upcoming and library feature films from Universal Pictures, shutting out rivals LoveFilm and Netflix from new films such as Anna Karenina. Through the multi-year deal with NBCUniversal International Television Distribution, the first pay-TV window for Universal Pictures films has been retained for Sky's film services Sky Movies and Now TV. Sky claimed this meant no other subscription service could show the films for at least a year.