Today in Tech: Why the iPhone 5 will be a cash cow for carriers

September 11, 2012: 5:30 AM ET

HP increases number of layoffs; why local entrepreneurs have Facebook beat in China.

Anonymous stole millions of Apple's UDIDs [VENTUREBEAT]

Last week Anonymous claimed it plucked 12 million unique identifiers associated with iPhones from an FBI laptop. Today, however, a Florida publishing company says it was actually its servers that were hacked, according to NBC News.

Facebook's China problem [FORTUNE]

Zuckerberg has said publicly that the company has no immediate plans to enter China. "There are so many other places in the world where we can connect more people more easily," he told Charlie Rose in a February interview. "A simple rule in business is, if you do the things that are easier first, then you can actually make a lot of progress." That may be so, but the global social-networking market is consolidating rapidly. The longer Facebook waits to hammer out a China strategy, the more difficult it will become to break into it. And since Facebook's May IPO, the company's stock has lost half its value as users jump to mobile devices, where the Facebook app has been clunky and there are fewer advertising opportunities. The company recentlyoverhauled its primary app, but it needs to find new areas for sizable growth.

Apple's iPhone 5: A new cash cow for wireless carriers [THE WALL STREET JOURNAL]

Validas LLC, a company that tracks wireless bills, surveyed 275,000 smartphone owners in the U.S. and found a big difference between data use by people who carry LTE phones. People carrying smartphones that weren't enabled for LTE averaged 500 megabytes of data per month in 2012, Validas found. But the average data use for an LTE subscriber was 1.2 gigabytes per month.

Zynga marketing chief Jeff Karp is the latest to exit [ALLTHINGSD]

Jeff Karp, Zynga's chief marketing and revenue officer, is resigning from the social games company. ... Karp's departure is perhaps the least surprising; sources said he had been contemplating leaving for the past several weeks. It was probably hard to stay on board after the departure of John Schappert, who recruited Karp to the position and ended up resigning as chief operating officer on Aug. 8.

HP revises restructuring figures; now cutting 29,000 jobs [ZDNET]

HP has said it will cut more of its global staff than first thought, upping the figure from around 27,000to 29,000 employees.

The world's largest computer maker said in the 10-Q quarterly filing with the U.S. Securities and Exchange Commission (SEC) that it will, "eliminate approximately 29,000 positions in connection with the 2012 Plan through fiscal year 2014."

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JP Mangalindan
JP Mangalindan
Writer, Fortune

JP Mangalindan is a San Francisco-based writer at Fortune, covering Silicon Valley. Since joining in 2010, he has written on a wide array of topics, from the turnaround of eBay to the evolution of net neutrality. A graduate of Fordham University, Mangalindan has also written for GQ, Popular Science, and Entertainment Weekly.

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