Since many of you follow Google very closely, a quick note to point out that both Sergey Brin and Eric Schmidt have sold shares of GOOG shares in the past week.
According to Bloomberg, Brin sold about 200,000 shares for approximently $40 million on Monday.
Bloomberg also reports that Eric Schmidt sold about 113,000 shares on December 31 for about $22 million.
These sales are part of the “prearranged” sales announcement that Brin, Schmidt, and Page announced in November. The three planned to sell 16.6 million shares over 18 months.
Fun fact #1: "Wow, you looked at a lot of pages from my web site. How did you like it?" - people encountering a crawler for the first time. This and other quality snippets pulled from the original paper presenting Google in 1997.
Last quarter, Facebook surpassed Google in referral traffic to news sites, challenging the search giant's dominance and becoming its most formidable competitor in yet another area.
