LEADING THE DAY: LightSquared is the subject of a hearing of the House subcommittee on small business Wednesday, where it will face questions about how its proposed network will impact small businesses that rely on GPS. Such businesses include farms, surveyor firms and the aviation industry, the committee said in a statement on its Web site.

Jeff Carlisle, LightSquared’s executive vice president, will claim that the network will help create jobs for small businesses.

More connected devices than Americans: New figures from CTIA- The Wireless Association released Tuesday showed that cellphones and other mobile devices outnumber human beings in the United States for the first time, The Washington Post reported. According to the association’s semiannual survey, there are 327.6 million active phones, tablets and laptops on cellular networks as compared to 315 million people living in the U.S., Puerto Rico, Guam and the Virgin Islands.

USF hearing: The Senate Commerce Committee will hold a hearing Wednesday on reforming the Universal Service Fund. In a speech last Thursday, Federal Communications Commission Chairman Julius Genachowski announced his plan to overhaul the $8 billion fund and reallocate the money to expand broadband Internet connections in rural areas, The Washington Post reported.

Sony has another breach: Sony’s chief information officer, Philip Reitinger, took to the company’s PlayStation blog late Tuesday to disclose that approximately 93,000 customers on the PlayStation Network, Sony Entertainment Network and Sony Online Entertainment may have had their accounts accessed by an outside party. Sony has said that any credit card information associated with the accounts is not at risk, but has decided to reset or freeze the accounts of all those affected.

HP reconsidering PC spin-off: Hewlett-Packard is reportedly reconsidering its announced decision to spin-off its PC unit, the Wall Street Journal reported. Citing unnamed “people familiar with the matter,” the report said that new company CEO Meg Whitman is looking over the proposal to split the business — a plan drafted by her predecessor, Leo Apotheker. Whitman has said publicly that she would like to make a decision by the end of October.

“The analysis is underway now,” an HP spokeswoman told the newspaper. “We said we would explore all options and that Meg would make a decision based on the data.”