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Premium rate telephone service regulator PhonepayPlus has started a ten-week public consultation on app-based mobile payments.

The regulator introduced a new Code of Practice on 1st September. It’s now planning to add a guidance document on ‘Applications-based payments’.

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Mark Bridge writes:

Welcome to a summary of last week’s mobile industry news from TheFonecast.com.

The biggest mobile-flavoured story from the past seven days was probably HP’s replacement of its president and CEO. Léo Apotheker is out after less than a year, replaced by former eBay CEO Meg Whitman. It’s not likely to affect the company’s plans for webOS tablets and phones… but it’ll be interesting to see what Ms Whitman does next.

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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.

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Mark Bridge writes:

I’m glad I don't work for Facebook. One minute everyone loves you, the next minute they hate you. Multiply that by the 500 million people now using Facebook every day and I’d be pretty insecure.

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Last week Facebook changed its Friend Lists and introduced a Subscribe button to help users tailor the information they saw.

Earlier this week, the company’s News Feed was revised - and today a new feature called Timeline was announced.

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