Samsung chief executive D.J. Koh has admitted that he is to blame for the debacle of the folding smartphone Galaxy Fold, telling a media group in Seoul that he had pushed the project through.

A botched software deployment took down the content delivery network Cloudflare on Tuesday, generating 502 errors. It was caused by a huge spike in CPU utilisation on the company's network.

Internet service provider Spirit Telecom has paid $2.6 million to acquire Arinda IT in a move it says will expand its service offerings to the managed service provider sector.

Data analytics company Fivecast has secured a $4 million investment from Main Sequence Ventures’ CSIRO Innovation Fund and the South Australian Venture Capital Fund.

Israel-based database infrastructure solutions provider RavenDB has launched a new RavenDB Cloud managed database service which is available on Microsoft's Azure and Amazon Web Services.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor, iTWire

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