Facebook VP of Global Sales Mike Murphy is leaving the company for personal time. “For the last five years of hyper-growth here, I have been focused on Facebook,” stated Murphy. “Now, I felt it was time to shift that focus to my family.” Murphy is ex-Yahoo! executive that went to Facebook in 2006. [AllThingsD]

AutoTrader.com has acquired Kelley Blue Book Co., Inc. for a reported price of over $500 million. AutoTrader.com expects to make a substantial amount of additional advertising revenues from the acquisition. AutoTrader.com will also buy Kelley’s sister company CDMdata. CDMdata provides hardware and software data for the auto industry. The deal is expected to close by the end of the year. [Reuters]

T-Mobile sent out a memo announcing a tethering plan that will be launching on November 3. The Tethering and Wi-Fi Sharing Add-On will have a monthly cost of $14.99. Customers will be able to use their smartphones as a tethering device or WiFi hotspot. You will need a 3G or HSPA+ device with an unlimited plan of $19.95 or higher. The offer is available to postpaid and Flex Pay customers.

As you may remember, Google Inc. (NASDAQ:GOOG) has acquired ITA Software in July 2010 for $700 million. ITA Software is the provider of flight data for many travel websites including Kayak.com, Farelogix, Sabre Holdings, and Expedia. These companies are also forming a coalition called FairSearch.org in order to persuade the Justice Department to block the deal.

Amazon.com, Inc. (NASDAQ:AMZN) has announced a new iPad application called Amazon Windowshop. Windowshop is an optimized version of Amazon.com for the iPad. Windowshop is an easy way to navigate across products. The app displays Bestsellers, Recommendations, New Releases, Most Wished For, Most Gifted, and Movers/Shakers. You can also share products from the app through Facebook, Twitter, or e-mail. [TechCrunch]

Apple Inc. (NASDAQ:AAPL) has updated the Apple Store iPhone application. One of the new reservation options available after the update was the white colored iPhone 4. You can select the white iPhone 4 in 16GB or 32GB. The iPhone 4 hit the shelves this past June and people were wondering when this option would finally be available. [BoyGeniusReport]

The Silicon Valley headquarters of Microsoft Corporation (NASDAQ:MSFT) is about 8 miles from the Apple Inc. (NASDAQ:AAPL) headquarters in Cuptertino, California. Eric Wilfrid, general manager of Microsoft’s Office for Mac drives back-and-forth regularly.

Social gaming company Zynga has hit a $5.51 billion valuation on SharesPost Inc. Given this valuation, it means that Zynga is essentially worth more than Electronic Arts. Electronic Arts is worth about $5.16 billion on the stock market.