This week's podcast starts with news that HP is unhappy - but we resist the temptation to include any saucy puns that might spice up the story.

The programme also covers Nokia's new Facebook-friendly phone, plans for white space technology in the UK, shopping on smartphones, Samsung's Chinese suppliers, the demand for mobile data and a new app from Orange that seems to threaten its mobile business.

HP has announced financial results for its financial year, which ended on 31st October 2012. Net revenue was down 5% year-on-year to $120.4 billion (£75.6 billion), with the company making a $12.7 billion loss. Last year, HP made $7.1bn profit.

The company noted that it had recorded a one-off charge of approximately $8.8 billion related to Autonomy in the fourth quarter.

Telefónica Digital has announced a global partnership with augmented reality platform Aurasma that’ll see AR technology becoming one of the media services offered to Telefonica’s advertising partners.

The agreement will start in the UK with O2 Media helping brands integrate augmented reality with their marketing campaigns alongside other technologies such as location-based marketing and mobile coupons.

HP, the world’s largest technology company, has announced what it’s calling a ‘multi-year productivity initiative’.

The restructuring scheme is expected to save up to $3.5 billion by the end of the 2014 financial year and will see around 27,000 employees leaving.

HP, which describes itself as the world’s largest technology company, has appointed Meg Whitman as president and chief executive officer. She’s replacing Léo Apotheker, who became president/CEO last November.

In addition, non-executive chairman Ray Lane has become executive chairman of the board of directors.

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

Mark Bridge writes:

James Rosewell shows me a colourful roll of paper that's the width of an iPhone but well over three metres long. When I look closer, I can see it's a printed copy of the Wall Street Journal's mobile website. That's a lot of scrolling to do... and a pretty unfriendly user experience for anyone reading the news online. Why does it work so badly?

The team debate the pros and cons of regulation, review the Nokia 8600, bring you the latest news from the past 7 days, and look at some software for keeping your data safe and easy to access on your mobile.

The Fonecast has teamed up with Mobile News to bring you the latest news in the mobile industry, review the Motorola RAZR2 and review the best mobile software in the form of "Skill Ball Bingo" and "Best Full Screen Caller". Also the team ask "Have Vodafone and Orange killed Mobile Voice-over-IP?"

This week the team debate the number of Operating Systems for mobile phones, review the Motorola MOTO Z8, bring you all the latest news headlines and even find time to review Worms 2007 and Mobile Spy.

The team debate the merits of the Mobile Internet, bring you mobile news from the past 7 days, review the Orange SPV M700 and Sony Ericsson P1i, plus look at X-Men Genetix and Total Recall mobile software.

This week the team debate consolidation in the UK mobile industry. Plus review the Goldfish X800 and BlackBerry Curve, and take a peek at America’s Cup Mobile Racer and SBSH Facade. All this plus the latest mobile news, from our mouth to your ears!