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AWS Announces Multiple New Compute Innovations, Including Five New Instance Types for Amazon EC2, Two New AWS Outposts SKUs, and Three New AWS Local Zones Locations Across the US

AWS Announces Multiple New Compute Innovations, Including Five New Instance Types for Amazon EC2, Two New AWS Outposts SKUs, and Three New AWS Local Zones Locations Across the US

New AWS Graviton2-powered C6gn instances deliver 100 Gbps networking performance and provide 40% better price performance over comparable current generation x86-based instances

New AMD-powered G4ad Graphics Processing Unit (GPU) instances provide the industry’s best price performance for graphics-intensive applications

New M5zn instances offer the fastest Intel Xeon Scalable processors in the cloud with an all-core turbo frequency of up to 4.5 GHz and up to 45% better compute performance per core than current M5 instances

Next-generation Intel-powered D3/D3en instancesoffer the highest storage capacity for local HDD storage available in the cloud

New memory-optimized R5b instances deliver 3x higher performance compared to same size R5 instances for Amazon Elastic Block Store (EBS), providing the fastest block storage performance available for Amazon EC2

Two smaller AWS Outposts form factors—1U and 2U servers—give customers access to AWS on-premises in space-constrained locations

AWS Local Zones expand to Boston, Houston, and Miami, with plans to launch in 12 additional cities across the US in 2021

SEATTLE–(BUSINESS WIRE)–
Today at AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced five new Amazon Elastic Compute Cloud (Amazon EC2) instances, two new AWS Outposts form factors, and three new AWS Local Zones locations that extend its lead in offering the broadest and deepest portfolio of compute offerings in the cloud. AWS already has more compute instance types than any other cloud provider, with instances based on the fastest processors from Intel, cost-optimized instances with AMD processors, the most powerful GPU instances from NVIDIA, instances that feature up to 400 Gbps networking performance, and the only Arm-based instances in the cloud offering customers 40% better price performance with AWS-designed AWS Graviton2 processors. AWS Outposts is unique in the industry as it enables customers who want to run AWS on-premises to do so with the same Application Programming Interfaces (APIs), tools, and hardware that they use to run AWS in AWS’s Regions. AWS Local Zones gives customers who need low latency infrastructure in major metropolitan areas but don’t want to provision or maintain datacenter space in those locales the ability to use AWS in these metropolitan areas. Today’s announcement provides even more options for customers looking to choose the best compute for their unique needs. To learn more about AWS compute, visit: https://aws.amazon.com/products/compute/

  • AWS Graviton2-powered C6gn instances: New AWS Graviton2-powered, Arm-based C6gn instances deliver 100 Gbps networking performance (4x higher than C6g) and 38 Gbps EBS bandwidth (2x higher than C6g) for compute-intensive workloads. They also provide 40% better price performance over comparable current generation network-optimized x86-based instances. Today, customers use AWS network optimized instances (e.g. C5n, M5n, R5n) for a variety of network-intensive workloads like firewall, router, and load-balancing appliances, video transcoding, and analytics that can take advantage of high networking throughput and packet rate performance. However, because these instances have a limit in maximum packet rate, some customers need to overprovision compute resources to drive higher packet processing power to achieve the desired networking throughput. C6gn instances provide the best packet processing performance on EC2, enabling customers to migrate to C6gn and consolidate their workloads onto fewer instances or smaller instance sizes, and reduce infrastructure costs. With the new Amazon EC2 C6gn instances, AWS is expanding its Graviton2 portfolio to help customers meet the demands of network-intensive workloads while lowering costs. C6gn supports Elastic Fabric Adapter (EFA), a network interface for EC2 that makes it possible for applications using popular HPC technologies like Message Passing Interface (MPI) to scale to thousands of CPU cores. C6gn instances will be available later this month in eight sizes providing up to 64 vCPUs, 100 Gbps of network bandwidth, and 38 Gbps of EBS bandwidth. To learn more about C6gn instances visit: https://aws.amazon.com/ec2/instance-types/c6
  • Graphics-optimized G4ad instances powered by AMD GPUs: New AMD-powered GPU instances offer the best price performance for graphics-intensive applications in the cloud. Today, customers use G4dn instances powered by NVIDIA GPUs and custom Intel CPUs for graphics-intensive applications like remote graphics workstations, virtual desktop infrastructure (VDI), video transcoding, photo-realistic design, and game streaming. New G4ad instances feature AMD GPUs and CPUs to offer the lowest cost in the cloud for graphics intensive-applications, providing up to 45% better price performance when compared to NVIDIA GPU-based G4dn instances. G4ad instances feature the latest AMD Radeon Pro V520 GPUs and 2nd generation AMD EPYC processors and offer up to 2.4 TB of local NVMe storage for fast data access. This enables customers to efficiently create photo-realistic and high-resolution 3D content for movies, games, and AR/VR experiences. With access to AMD Radeon Pro Software for Enterprise at no additional cost, G4ad instances offer professional-grade graphics rendering for virtual workstations. Customers looking to use remote workstations in the cloud for running graphics applications (e.g. ESRI ArcGIS Pro, Autodesk Revit, Autodesk Maya, or 3D Studio Max) can use G4ad instances to give them the flexibility to provision resources on a per-project basis and not be limited by availability of on-premises hardware. G4ad instances will be available in the coming days in three sizes, with 1, 2, or 4 GPUs each. To learn more about G4ad instances visit: https://aws.amazon.com/ec2/instance-types/g4
  • General purpose M5zn instances powered by the fastest Intel Xeon Scalable CPUs: New M5zn instances feature the highest single-threaded performance (for applications that execute a series of individual tasks sequentially) from Intel Xeon Scalable (Cascade Lake) processors available in the cloud. Today, customers use Amazon EC2 z1d instances when they need a high-frequency CPU (to perform single-threaded tasks more quickly and run more jobs per core) and local, low latency storage for workloads like electronic design automation (EDA) and relational database applications that require both high per-core performance and a large memory footprint. While many customers benefit from the high compute performance of z1d instances, they do not always fully utilize the available memory and local storage, which results in overprovisioning compute and leads to higher infrastructure costs. Customers performing complex calculations and real-time analysis for their financial, analytics, and gaming workloads have asked for an EC2 instance that balances faster compute performance, lower memory, and higher networking throughput. M5zn instances deliver an all-core turbo frequency of up to 4.5 GHz, 4 GiB memory per vCPU, 100 Gbps of network bandwidth, and are available in seven sizes (up to 48 vCPUs and 192 GiB memory). M5zn instances offer up to 45% better per-core performance compared to M5 instances, allowing them to right-size their instances to save on infrastructure costs and reduce per-core software licensing. M5zn instances support Elastic Fabric Adapter (EFA), which provides low latency, high throughput networking, and the ability to scale up to tens of thousands of processor cores. The combination of high per-core performance and network throughput make M5zn instances ideal for gaming, analytical, and simulation applications like those used by the financial, automotive, aerospace, energy, and telecommunication industries, where performance per-core is a bottleneck. M5zn instances are available in US East (N. Virginia), US East (Ohio), US West (N. California), US West (Oregon), Europe (Ireland), Europe (Frankfurt), and Asia Pacific (Tokyo), with availability planned for additional Regions soon. To get started with M5zn instances visit: https://aws.amazon.com/ec2/instance-types/m5/
  • Highest capacity D3/D3en storage-optimized instances: Next-generation Intel-powered storage-optimized instances deliver the highest capacity HDD instance storage in the cloud.Today,customers rely on Amazon EC2 to run dense storage workloads that require high throughput access to large quantities of data like massively parallel processing data warehousing (e.g. Amazon Redshift and HP Vertica), big data and analytics distributed file systems (e.g. Hadoop and MapReduce), network file systems (e.g. Lustre and Windows File System), and log or data processing applications (e.g. Kafka and Elasticsearch). While customers running these workloads on D2 instances today enjoy the available storage per vCPU and low cost, they also want higher CPU performance and network speed to meet the increasing performance requirements of these dense storage workloads. At the same time, customers running compute and storage clusters on-premises have expressed a need for dense storage with even more storage per vCPU at a lower cost for migrating and scaling their network and distributed file systems on AWS. Next-generation D3 instances deliver up to 30% better processing performance, and up to 2.5x higher network performance over previous generation D2 instances. D3 instances feature 2nd generation Intel Xeon (Cascade Lake) processors with a sustained all-core frequency of 3.1 GHz, and they offer up to 48 TB of storage, 32 vCPUs, 256 GiB of memory, and 25 Gbps of network bandwidth. A new extended storage and high-speed networking variant, D3en instances, provides additional HDD storage capacity compared to D2 instances, offering 336 total TB of storage (7x higher than D2 instances), 75 Gbps of network bandwidth (7.5x higher than D2 instances), and up to 6.2 GiBps of disk throughput (2x higher than D2 instances). D3en instances deliver highest capacity local HDD storage in the cloud, an up to 80% reduction in cost-per-TB compared to D2 instances, and let customers architect petabyte-scale file storage clusters so they can consolidate their high capacity big data analytical workloads. D3/D3en instances are available in US East (N. Virginia), US East (Ohio), US West (N. California), US West (Oregon), Canada (Central), Europe (Ireland), Europe (Frankfurt), Europe (Paris), Europe (Sweden), Europe (London), Asia Pacific (Singapore), Asia Pacific (Tokyo), Asia Pacific (Sydney), Asia Pacific (Seoul), Asia Pacific (Mumbai), China (Beijing), China (Ningxia), GovCloud (US East), and GovCloud (US West). To get started with D3/D3en instances visit: https://aws.amazon.com/ec2/instance-types/d3
  • R5b memory-optimized instances: New memory-optimized instances enhanced for Amazon Elastic Block Store (EBS) deliver up to 60 Gbps of bandwidth and 260,000 IOPS of instance-to-EBS performance for the most demanding database workloads. Today, many customers use R5 instances for large relational database workloads like commerce platforms, ERP systems, and health record systems, and rely on EBS to deliver scalable, durable, and highly available block storage. While R5 instances offer sufficient storage performance for many use cases, some customers have on-premises workloads that would benefit from even more EBS performance, including large commercial database workloads from SAP, Oracle, and Microsoft SQL Server that have high performance storage requirements. These customers have to scale their R5 instances to achieve their desired EBS performance, increasing their infrastructure and database licensing costs and reducing the compute and memory utilization. With 60 Gbps of bandwidth and 260,000 IOPS, R5b instances increase instance-to-EBS performance by 3x compared to same-sized R5 instances. This drives significantly increased performance for large database workloads that process large data sets in memory. The increased instance-to-EBS performance of R5b instances allows customers to move their storage performance-intensive workloads like relational databases and data analytics from on-premises data centers to AWS to realize reduced costs and greater security, scalability, and reliability. R5b instances also support EBS io2 Block Express volumes (in preview) enabling customers to have a single 99.999% (five 9s) durable EBS volume with up to 256,000 IOPS and 4,000 MB/second of throughput to further consolidate their storage intensive workloads. Existing EC2 customers with workloads sensitive to storage performance can consolidate their workloads on fewer R5b instances, or on smaller instance sizes by migrating from R5 to R5b. This enables them to reduce both infrastructure and licensing costs. R5b instances are supported by Amazon RDS for Oracle and Amazon RDS for SQL Server. This simplifies the migration path for running commercial database applications on AWS and improves storage performance for current RDS customers by up to 3x. R5b instances are available in US West (Oregon), Asia Pacific (Tokyo), US East (N. Virginia), US East (Ohio), Asia Pacific (Singapore), and Europe (Frankfurt), with availability in additional regions to follow. To get started with R5b instances visit: https://aws.amazon.com/ec2/instance-types/r5/

Smaller AWS Outposts form factors give customers access to AWS on-premises in space-constrained locations

Before today’s announcement, AWS Outposts provided customers with the ability to run their workloads on-premises and seamlessly connect with the broad array of AWS services in the cloud in a form factor that scales from one rack (roughly the size of a refrigerator) to dozens of racks, with capacity equivalent to hundreds or thousands of servers. Some customers also want to extend the benefit of AWS Outposts to locations that may have constraints on space, power, or networking, or do not need a full rack of capacity. For example, retail stores may need to run their sales or security systems on-premises for low latency and local network access, but still want to aggregate inventory data and analyze customer behavior using data lakes and machine learning models running in an AWS Region. Other customers may have workloads that do not require a full rack of capacity, such as a hospital’s patient portal, a product line-monitoring workload in a factory, or a telecommunications provider’s 5G network management application. Also, for many of these use cases, customers may need to set up servers across hundreds or thousands of remote locations, which can take weeks or months. In all of these cases, customers then need to manage applications across servers, monitor health and performance of the applications and infrastructure, and ensure that the applications have the latest security patches, which is time-consuming and can impact application availability.

Two new smaller AWS Outposts form factors will allow customers to bring the same AWS services, infrastructure, and operating models on-premises to space-constrained locations like branch offices, factories, hospitals, cell towers, or retail stores. AWS Outposts will now be available in two new smaller form factors – a 1U (a 1 ¾-inch tall one rack unit server) and a 2U (a 3 ½-inch tall two rack unit server) version – that require significantly less power and network connectivity than the full 42-rack unit AWS Outposts. The 1U form factor AWS Outposts is suitable for 19-inch wide, 24-inch deep cabinets in space-constrained locations (e.g. cell sites or some retail shops) and provides 64 vCPUs, 128 GiB memory, and 4 TB of local NVMe storage. The 2U form factor is suitable for standard 19-inch wide, 36-inch deep cabinets, and provides up to 128 vCPUs, 512 GiB memory, and 8 TB of local NVMe storage, with configurations that support accelerators like AWS Inferentia or GPUs. Each of these smaller form factors allow customers to run AWS services like Amazon Elastic Compute Cloud (EC2), Amazon Elastic Container Service (ECS), Amazon Elastic Kubernetes Services (EKS), and Amazon Virtual Private Cloud (VPC) on-premises. Once AWS Outposts is connected to a customer’s network, AWS will remotely manage the infrastructure just like the hardware running in an AWS Region, including pushing automated security patches and monitoring hardware health, which saves customers time and money. As before, AWS Outposts gives customers access to the same familiar AWS APIs, control plane, tools, and hardware on-premises as in an AWS Region at virtually any location, regardless of space constraints or capacity requirements. It also seamlessly connects back to AWS for the full array of AWS services – providing for a truly consistent hybrid experience. The smaller AWS Outposts form factors will be available in 2021. To learn more, visit https://aws.amazon.com/outposts/

AWS Local Zones expand to Boston, Houston, and Miami, with plans to launch 12 additional Local Zones across the US in 2021

AWS spans 77 Availability Zones within 24 geographic regions around the world, with announced plans for 15 more Availability Zones and five more AWS Regions in India, Indonesia, Japan, Spain, and Switzerland. The vast majority of customers get the necessary performance for their applications in public AWS Regions. However, for some of the more latency-sensitive and throughput-sensitive workloads (e.g. remote real-time gaming, machine learning inference, and live video streaming), customers want AWS infrastructure closer to their end-users. These latency-sensitive workloads have traditionally required customers to procure, operate, and maintain IT infrastructure in their own data center or co-location facility, adding cost and operational complexity. Customers also had to build and run these low latency application components with a different set of APIs and tools than the other parts of their applications running in AWS. Prior to today, customers could use AWS Local Zones in Los Angeles to deliver single-digit latency access to applications for end-users located in the Southern California area. However, customers outside of Southern California also want this capability for end-users in other cities across the US.

With today’s announcement, customers can now use new AWS Local Zones in Houston, Boston, and Miami to run AWS compute, storage, database, analytics, and machine learning services, and deliver applications with single-digit millisecond latencies to local end-users nearby. With an additional 12 Local Zones launching in 2021 in Atlanta, Chicago, Dallas, Denver, Kansas City, Las Vegas, Minneapolis, New York, Philadelphia, Phoenix, Portland, and Seattle, customers will be able to deliver ultra-low latency applications to end-users in cities across the US. AWS Local Zones are managed and supported by AWS, meaning customers no longer need to incur the expense or effort of procuring, operating, and maintaining data centers or co-location facilities in various cities to support ultra-low latency applications. AWS Local Zones provide customers a high-bandwidth, secure connection between their local workloads and those running in the closest AWS Region. This gives customers the ability to use the same AWS APIs and tools to run latency-sensitive workloads nearby to end-users, while seamlessly connecting to the full range of services in the AWS Region. To learn more about AWS Local Zones, visit: https://aws.amazon.com/about-aws/global-infrastructure/localzones

“Whether your organization has been all-in on the cloud since day one or is just beginning to move workloads to the cloud, all customers want to optimize for price performance,” said Dave Brown, Vice President, EC2, AWS. “As customers bring more and more workloads to the cloud, AWS continues to expand the industry’s leading compute portfolio to meet their increasingly diverse needs. With the new EC2 instance types, AWS Outposts and AWS Local Zones options we’re introducing today, we’re providing customers with an unmatched breadth and depth of capabilities to help them innovate more cost-effectively, with the right compute for the right job.”

Datadog, Inc. is the monitoring and security platform for cloud applications. “We’re excited about the M5zn instances and the impact they can have on our high throughput compute and network intensive applications,” said Rob Boll, Director, Runtime Platforms, at Datadog. “Many of our compute intensive workloads will benefit from the improved performance per core, and with 100 Gbps networking throughput, we’ll be able to pack workloads more efficiently onto fewer nodes. We expect to see significant infrastructure cost savings as we move our larger workloads over to M5zn instances.”

Ubitus is a cloud gaming technology leader. Through their platforms, users can enjoy a AAA gaming experience on any device including smartphones, tablets, gaming consoles, smart TVs, and computers as long as they’re connected to a broadband network. “We used AWS to partner with 505 Games to bring Control Ultimate Edition to a highly popular portable gaming device,” said Wesley Kuo, CEO of Ubitus. “With the new EC2 G4ad instances we have a lower cost structure, which will enable us to bring more games like Control Ultimate Edition to the mobile users globally.”

Netflix is the world’s leading streaming entertainment service with over 190 million paid memberships in over 190 countries enjoying TV series, documentaries, and feature films across a wide variety of genres and languages. “We have many artists and content creators who can benefit from bringing the on-premises infrastructure they use day-to-day to the cloud. However, every second counts, especially when it comes to the time it takes to compile and render 3D models and animations. For some time, we have wanted to move these artists’ workstations to AWS in order to take advantage of the performance, elasticity, and cost benefits of the cloud. However, due to the interactive nature of these applications, our artists need very low latency access to their workstations to have a good working experience,” said Nils Pommerien, Director, Cloud Infrastructure Engineering, Netflix. “AWS Local Zones, which bring cloud resources closer to our artists, have been a game-changer for these applications. By taking advantage of access to AWS’s highly performant and cost-effective compute resources, we have been able to migrate portions of our content creation process to AWS Local Zones, while ensuring an even better experience for artists.”

Mindbody is the leading technology platform for the fitness, wellness, and beauty industries. “We have a portfolio of interdependent applications running in our existing on-premises data centers. We have been looking to move these workloads to the public cloud for some time. However, it is daunting to migrate such complex, interdependent applications to the cloud at the same time while ensuring a seamless experience for our end users,” said John Strong, Senior Director of Production Engineering, Mindbody. “AWS Local Zones have solved a significant problem for us here. We are using Local Zones to migrate our complex, legacy on-premises applications to AWS without an expensive revamp of our architecture. With a Direct Connect to Local Zones, we are able to establish a hybrid environment that provides ultra-low latency communication between applications running in the Local Zone and our on-premises installations. In turn, this has enabled us to migrate applications incrementally, simplifying our migrations drastically while reducing any business risk with on-going hybrid deployments.”

About Amazon Web Services

For 14 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in India, Indonesia, Japan, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon.com, Inc.

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Moelis & Company Management to Speak at the Goldman Sachs US Financial Services Conference

Moelis & Company Management to Speak at the Goldman Sachs US Financial Services Conference

NEW YORK–(BUSINESS WIRE)–
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to present at the Goldman Sachs US Financial Services Conference on Tuesday, December 8, 2020 at 8:40 a.m. Eastern Time.

The presentation and a live webcast will be available through the Investor Relations section of the Moelis & Company website at www.moelis.com. For those unable to listen to the live webcast, a replay will be available for 180 days on the same website following the conference.

About Moelis & Company

Moelis & Company is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 21 geographic locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com or follow us on Twitter @Moelis.

Investor Contact:

Chett Mandel

Moelis & Company

T: + 1 212 883 3536

[email protected]

Media Contact:

Andrea Hurst

Moelis & Company

T: + 1 212 883 3666

M: +1 347 583 9705

[email protected]

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INDUSTRY KEYWORDS: Banking Other Professional Services Professional Services Finance

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TRQ INVESTOR DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Turquoise Hill Resources Ltd

PR Newswire

NEW YORK, Dec. 1, 2020 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action that has been filed on behalf of investors that purchased or acquired the securities of Turquoise Hill Resources Limited (“Turquoise Hill” or the “Company”) (NYSE: TRQ) between July 17, 2018, and July 31, 2019, inclusive (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934.

If you purchased Turquoise Hill securities, and/or would like to discuss your legal rights and options please visit Turquoise Hill Shareholder Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (i) the progress of underground development and of Oyu Tolgoi was not proceeding as planned; (ii) there were significant undisclosed underground stability issues that called into question the design of the mine, the projected cost and timing of production; (iii) the publicly disclosed estimates of the cost, date of completion and dates for production from the underground mine were not achievable; (iv) the “challenging ground conditions” were much more severe than Defendants represented, and in fact made it impossible for Turquoise Hill and Rio Tinto to achieve those estimates; (v) the development capital required for the underground development of Oyu Tolgoi would cost substantially more than a billion dollars over what Turquoise Hill and Rio Tinto had represented; and (v) Turquoise Hill would require additional financing and/or equity to complete the project.

On July 31, 2019, Turquoise Hill issued a press release and MD&A which it filed as exhibits on Forms 6-K announcing the Company’s financial and operating results for the second quarter of fiscal year 2019. The press release, among other things, stated that the Company’s “preliminary estimates indicated that sustainable first production could be delayed by 16 to 30 months compared with Q1’21 estimate in the original feasibility study guidance in 2016, and the development capital project may increase by $1.2 billion to $1.90 billion over the $5.3 billion previously disclosed.”

Following this news, on August 1, 2019, Turquoise Hill’s common stock price closed at $0.53 per share, down 8.62% from the day’s closing price of $0.58 per share, with over 16.6 million shares traded.

If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Turquoise Hill securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/turquoisehillresources-trq-shareholder-class-action-lawsuit-stock-fraud-325/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]

 

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VERB Wins Salesforce’s November AppExchange Demo Jam for Productivity Apps

  • McKinley Oswald, VERB’s
    President of Global Sales
    , provided a winning demo of VERB’s livestream ecommerce and webinar offering
    , verbLIVE
    , in a
    medical
    device sales setting
  • verbLIVE
    demo
    chosen
    by
    a
    live virtual audience of clients and AppExchange Partners

NEWPORT BEACH, Calif. and SALT LAKE CITY, Dec. 01, 2020 (GLOBE NEWSWIRE) — VERB Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it won Salesforce’s November AppExchange Demo Jam competition.

Demo Jam, which began in 2015, is a monthly, gameshow-style event where participating Salesforce AppExchange partners demonstrate their technology in three minutes before a live virtual audience that votes for their favorite demo. For November 2020, Demo Jam’s theme was “Productivity Apps” and featured five other companies in addition to VERB: Adobe, Prolifiq, Seismic, Smartsheet, and Mockup Components. A replay of the event can be viewed here at November Demo Jam; VERB’s demo begins at the 27:38 mark.

McKinley Oswald, VERB’s President of Global Sales, provided a demo of VERB’s livestream ecommerce and webinar offering, verbLIVE, on the Salesforce platform. His presentation demonstrated how easily and seamlessly verbLIVE can be launched from Salesforce, invite their leads and contacts, and then host a live meeting. He simulated a livestreamed medical device sales meeting, highlighting the interactive features Salesforce users can leverage, including links for additional product explainer videos, calendars to set up appointments for questions and follow-ups and a web page that opens up a 3D view of the device. Other key features described included the ability to see questions of meeting participants and the generation of analytics reports summarizing each participant’s interaction during the meeting – all purpose-built for a friction-free sales environment that enhances the salesperson’s productivity.

“We are thrilled to have earned this recognition from clients and our AppExchange Partner peers,” said Rory J. Cutaia, VERB CEO. “We fully integrated verbLIVE into the Salesforce platform in July, and while we only just made it available on the AppExchange marketplace in August, we have already gained significant traction in the form of user downloads from Salesforce users. Approximately 75% of clients of our medical sales enablement business from the recent SoloFire acquisition, which McKinley used for this demo, are on the Salesforce platform, giving us a tremendous opportunity to leverage this strong Salesforce user base and meaningfully grow the number of verbLIVE users.”

About VERB

VERB Technology Company, Inc. (NASDAQ: VERB) transforms how businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, and comprises a suite of sales enablement business software products offered on a subscription basis. Its software applications are available in over 60 countries and in more than 48 languages to large enterprise and small business sales teams that need affordable, easy-to-use, and quick-to-get-results sales tools. Available in both mobile and desktop versions, the applications are offered as a fully integrated suite, as well as on a standalone basis, and include verbCRM (Customer Relationship Management application), verbLEARN (Learning Management System application), and verbLIVE (Interactive Livestream eCommerce and Video Webinar application). The Company has offices in California and Utah. For more information, please visit: www.verb.tech.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and uncertainties, including statements about the closing of the offering of common stock. These forward-looking statements involve risks and uncertainties. If any of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by these forward-looking statements. These risks and uncertainties include risks associated with: the COVID-19 pandemic and related public health measures on our business, customers, markets and the worldwide economy; our plans to attract new customers, retain existing customers and increase our annual revenue; the development and delivery of new products, including verbLIVE; our plans and expectations regarding software-as-a-service offerings; our ability to execute on, integrate, and realize the benefits of any acquisitions; fluctuations in our quarterly results of operations and other operating measures; increasing competition; general economic, market and business conditions; and the risks described in the filings that we make with the Securities and Exchange Commission (“SEC”) from time to time, including the risks described under the headings “Risk Factors” and “Management Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K, which was filed with the SEC on May 14, 2020, as amended by Amendment No. 1 on Form 10-K/A to our Annual Report on Form 10-K, which was filed with the SEC on June 4, 2020, and which should be read in conjunction with our financial results and forward-looking statements contained therein, and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, which was filed with the SEC on May 15, 2020, as amended by Amendment No. 1 on Form 10-Q/A to our Quarterly Report on Form 10-Q, which was filed with the SEC on June 4, 2020, and which should be read in conjunction with our financial results and forward-looking statements contained therein. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Investor Relations:

888.504.9929
[email protected]

Media Contact:

855.250.2300, ext.107
[email protected]



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Active Biotech’s nomination committee appointed 

PRESS RELEASE,  Lund Sweden, December 1, 2020 – Active Biotech (NASDAQ STOCKHOLM: ACTI)

In accordance with a decision made by the Annual General Meeting held on May 19, 2020, the Nomination Committee shall comprise the representatives for the three largest shareholders by votes, as per end of September 2020, and the Chairman of the Board. 

If a shareholder does not exercise its right to appoint a member, entitlement to appoint a member of the Nomination Committee transfers to the shareholder who is the next largest shareholder in terms of voting rights. 

Based on the above, the Nomination Committee is composed with participants representing the largest shareholders in Active Biotech at September 30 and consists of:

Michael Shalmi, chairman
Mats Arnhög, MGA Holding
Per Colleen, 4:e AP Fonden
Peter Thelin

For the 2021 Annual General Meeting, the Nomination Committee shall prepare and submit proposals regarding the Chairman of the AGM, the number of Board members, a Chairman and Board members elected by the AGM, the fees and other renumerations to Board members and Board committee´s, number of auditors, the auditor, fees to auditors and election of a Nomination Committee.

For further information, please contact:
Helén Tuvesson, CEO, +46 46 19 21 56, [email protected]

Hans Kolam, CFO, +46 46 19 20 44, [email protected]


About Active Biotech

Active Biotech AB (publ) (Nasdaq Stockholm: ACTI) is a biotechnology company that deploys its extensive knowledge base and portfolio of compounds to develop first-in-class immunomodulatory treatments for specialist oncology and immunology indications with a high unmet medical need and significant commercial potential. Following a portfolio 
refocus, the business model of Active Biotech aims to advance projects to the clinical development phase and then further develop the programs internally or pursue in partnership. Active Biotech currently holds three projects in its portfolio: Naptumomab, a targeted anti-cancer immunotherapy, partnered to NeoTX Therapeutics, is in a Phase 1/2 clinical program in patients with advanced solid tumors. The small molecule immunomodulators, tasquinimod and laquinimod, both having a mode of actions that includes modulation of myeloid immune cell function, are targeted towards hematological malignancies and inflammatory eye disorders, respectively. Tasquinimod, is in clinical phase 1b/2a for treatment of multiple myeloma. Laquinimod is advancing to phase 2 for treatment of non-infectious uveitis during second half of 2021.  Please visit www.activebiotech.com for more information.

This information was submitted for publication, through the agency of the contact person set out above, at 16.45 p.m. CET on December 1, 2020.

Attachment



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United Raises Miles for Dozens of Non-Profits that Rely on Travel

Airline and its customers use crowdsourcing platform – Miles on a Mission – to donate more than 11 million miles for charities like the Thurgood Marshall College Fund, College to Congress and Compass to Care

Campaign kicks off on Giving Tuesday and goes through the end of December

PR Newswire

CHICAGO, Dec. 1, 2020 /PRNewswire/ — United is inviting MileagePlus members to give back on Giving Tuesday and throughout the holiday season by donating miles to nearly 40 non-profits through United Airline’s crowdsourcing platform, Miles on a Mission. Non-profits like Thurgood Marshall College Fund, College to Congress and Compass to Care are attempting to raise a total of more than 11 million miles to be used for travel for life-saving health care, continued education, humanitarian aid and more. United will match the first 125,000 miles raised for each of these organizations to help ensure they meet their goals.      

“This year has posed unprecedented challenges for us all and has been especially devastating to some of the most vulnerable members within the communities we serve,” said Suzi Cabo, managing director of global community engagement, United Airlines. “The need for charitable giving has not stopped during the pandemic, and neither has United. This Giving Tuesday marks an opportunity for us to all come together for the greater good and we are proud to provide a platform to support organizations with upcoming travel needs that will enable them to continue supporting the communities they serve.”

The launch of these campaigns is part of United’s ongoing Miles on a Mission program, which began in October 2019 and has raised more than 92 million miles to-date. Past campaigns have helped organizations travel children for life-saving medical treatment and unite parents with newly adopted children from foreign countries. Participating non-profits have 28-days to reach their mile raising goals through the platform.

The organizations that are raising miles in this campaign include:

  • College to Congress: The organization provides support including travel for disadvantaged college students who otherwise could not afford to intern in Washington, D.C.
  • Thurgood Marshall College Fund: This is the only national organization representing America’s 47 publicly-supported Historically Black Colleges and Universities (HBCUs), and the nearly 300,000 students that attend them each year. The miles raised will cover the travel expenses to and from campus for students unable to afford them. 

  • My Block, My Hood, My City    : This organization provides underprivileged youth with an awareness of the world and opportunities beyond their neighborhood. Miles will be used to fund educational trips for Chicago youths to help them gain a greater understanding of the world outside of their comfort zones.
  • Compass to Care: The non-profit ensures all children, whose parents have a financial need, can access life-saving cancer treatment. Compass to Care is raising miles to fund travel to get children from their homes to hospitals for cancer treatment.
  • Luke’s Wings: This organization is dedicated to the support of service members who have been wounded in battle. Raised miles will be used to purchase plane tickets for families to visit wounded soldiers recovering in Army medical centers.
  • Rainbow Railroad USA: The organization’s mission is to help persecuted LGBTQI+ individuals around the world travel to safety as they seek a haven from persecution. Miles will support the organization’s core Emergency Travel Support program.

This year, United’s legal partner Kirkland & Ellis will also be donating $50,000 to My Block, My Hood, My City and the Thurgood Marshall College Fund. Other organizations launching campaigns on the platform include: Sisters of the Skies, Inc., Up2Us Sports, Airline Ambassadors International, Austin Smiles, AWS Foundation, Crazy Horse Memorial, FLYTE, Higher Orbits, Lily’s Hope Foundation, Miles4Migrants, Support Utila Inc. and Watts of Love. MileagePlus members can also donate to United’s 20 other existing partner charities including, Airlink, American Red Cross, Make-A-Wish, Shriners Hospitals; Clean the World, Special Olympics and more. To learn more or donate to these organizations, please visit donate.mileageplus.com.

Visit www.united.com/everyactioncounts to learn more about our pledge to put our people and planes to work for the greater good.

About United

United’s shared purpose is “Connecting People. Uniting the World.” For more information, visit united.com, follow @United on Twitter and Instagram or connect on Facebook. The common stock of United’s parent, United Airlines Holdings, Inc., is traded on the Nasdaq under the symbol “UAL”.

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SOURCE United Airlines

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Redwood Logistics Celebrates GivingTuesday, Raising Over Six Figures for Front Line Workers and Women’s Empowerment Non-Profit

Redwood Logistics employees, customers and partners come together to participate in philanthropic activities, raising money, awareness and encouragement for frontline pandemic responders and women’s economic development non-profit

CHICAGO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Redwood Logistics (Redwood), a leading logistics platform company headquartered in Chicago, today announced the results of two major fundraisers: a company-wide #HeroChallenge initiative that successfully raised more than $100,000 in support of frontline responders fighting the coronavirus pandemic and a ‘Women in Logistics’ event fundraiser that raised over $5,000 during the virtual event hosted on November 12th. Redwood’s fundraising efforts mark the company’s celebration of GivingTuesday, a global generosity movement empowering people and organizations to transform their communities and the world, recognized the Tuesday following Thanksgiving annually.

Redwood’s #HeroChallenge called on the company’s everyday heroes, their employees, to assist frontline responders who put themselves at risk every day to continue their efforts to combat the disease. Over the course of four months, employees formed over 31 teams and organized creative fundraising activities including virtual concerts, competitions, games and even a head-shaving event, raising a total of $54,000, which Redwood matched 100 percent. Proceeds are going towards local and national organizations providing COVID-19 protection supplies and services to healthcare workers and other front-line community members in need.

Redwood’s Women In Logistics event, entitled “Powering Through the End of 2020”, featured two panels of female logistics industry leaders, discussing changing roles and challenges throughout the pandemic, and actionable insights on how to thrive in 2020 and beyond. On behalf of every participant, Redwood Logistics is donating to ‘Dress For Success’, a nonprofit empowering women to achieve economic independence. Attendees were also encouraged to donate during and after the event.

“In the true spirit of Redwood’s values, our employees put aside our many personal concerns and anxieties over COVID-19 and got to work on helping others in our local communities and those hit the hardest by this pandemic,” said Todd Berger, President, Redwood Logistics. “It is part of our culture to take action, and I am inspired by our employees’ commitment to helping those in need.”

Redwood has a long history of joining together to form employee-giving campaigns, including donating over $3,000 for NSWRFS for Australia wild fires early in 2020 and a current fundraiser for Misericordia Home, a community of care that maximizes potential for persons with mild to profound  developmental disabilities. As well, the company’s charity event “Redwood Games” are a seven-year tradition, during which employee teams find creative ways to fundraise for a different charity for three months, followed by a company outing with Olympic-style team competitions, held annually in Chicago.

About Redwood Logistics

Redwood Logistics, a leading logistics platform company headquartered in Chicago, has been providing solutions for moving and managing freight for nearly 20 years. The company’s diverse portfolio includes digital freight brokerage, flexible freight management, and innovative platform services that simplify the integration of disparate supply chain technology. Redwood Logistics connects its diverse roster of customers to the power of supply chain management, technology and the industry’s brightest minds. For more information, connect with us by visiting our website.


MEDIA CONTACT:


Kerry Galligan
Lead Coverage
[email protected]
904.859.2382



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Thinking about buying stock in Jaguar Health, Zomedica, Sundial Growers, Onconova Therapeutics, or Transocean?

PR Newswire

NEW YORK, Dec. 1, 2020 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for JAGX, ZOM, SNDL, ONTX, and RIG.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

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SOURCE InvestorsObserver

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Should you invest in Micron Technology, Ford Motor, Intel Corp, American Airlines, or Carnival Corp?

PR Newswire

NEW YORK, Dec. 1, 2020 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for MU, F, INTC, AAL, and CCL.

Click a link below then choose between in-depth options trade idea report or a stock score report.

Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.

Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street’s opinion including a 12-month price forecast.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

 

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SOURCE InvestorsObserver

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Largest U.S. Health Plan Now Covers Non-Invasive Prenatal Testing (NIPT) for all Pregnancies

PR Newswire

SAN CARLOS, Calif., Dec. 1, 2020 /PRNewswire/ — Natera, Inc. (NASDAQ: NTRA), a pioneer and global leader in cell-free DNA testing, today announced that the largest health plan in the United States has extended coverage of NIPT to all pregnancies. 

The expanded coverage comes only a few months after the publication of a guideline by the American College of Obstetricians and Gynecologists (ACOG) in collaboration with the Society for Maternal-Fetal Medicine (SMFM), that supports offering aneuploidy screening options, including NIPT, to all patients, regardless of maternal age or baseline risk.1 This medical policy change also follows a number of other recently expanded coverage decisions from top payors, with the vast majority of commercial lives in the United States now covered. 

“The average risk NIPT market is significantly underpenetrated, and lack of payor coverage has been the primary barrier for broad adoption,” said Paul Billings, MD, Chief Medical Officer at Natera. “Studies have shown that broad adoption of NIPT could result in 98% fewer false positives and 20% fewer false negative results for common aneuploidies, compared to older screening modalities.2,3 Today’s announcement has the potential to have a positive impact on health outcomes for pregnancies in the U.S.” 

“As the market leader, Natera is in a strong position to capitalize on the significant volume growth opportunity and improved test economics resulting from these policy changes,” said Ramesh Hariharan, General Manager of Natera’s Women’s Health business. “We believe we are on track to achieve profitability in our Women’s Health business in 2021.”

About Panorama

®


Panorama
 reveals a baby’s risk for severe genetic disorders as early as nine weeks into pregnancy. The test uses a unique single-nucleotide polymorphism (SNP)-based technology to analyze fetal/placental DNA obtained through a blood draw from the mother. It is the only commercially available test that differentiates between maternal and fetal DNA to assess the risk of aneuploidies. The test also screens twin pregnancies for zygosity and fetal sex of each baby, and identifies risk for more genetic conditions in twin pregnancies than any other NIPT. Panorama is one of several genetic screening tests from Natera designed to help families on the path to parenthood. Natera has published 23 papers, studying over 1.3 million patients, since the launch of Panorama – the largest body of evidence in the space today.

Panorama has been developed and its performance characteristics determined by Natera, the CLIA-certified laboratory performing the test. The test has not been cleared or approved by the US Food and Drug Administration (FDA). CAP accredited, ISO 13485 certified, and CLIA certified.

About Natera


Natera
 is a global leader in cell-free DNA testing. The mission of the company is to change the management of disease worldwide with a focus on women’s health, oncology, and organ health. Natera operates an ISO 13485-certified and CAP-accredited laboratory certified under the Clinical Laboratory Improvement Amendments (CLIA) in San Carlos, Calif. It offers proprietary genetic testing services to inform obstetricians, transplant physicians, oncologists, and cancer researchers, including biopharmaceutical companies, and genetic laboratories through its cloud-based software platform. For more information, visit natera.com. Follow Natera on LinkedIn.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera’s plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera’s expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to our efforts to develop and commercialize new product offerings, our ability to successfully increase demand for and grow revenues for our product offerings, whether the results of clinical or other studies will support the use of our product offerings, our expectations of the reliability, accuracy and performance of our screening tests, or of the benefits of our screening tests and product offerings to patients, providers and payers, or coverage and reimbursement determinations from third-party payers. Additional risks and uncertainties are discussed in greater detail in “Risk Factors” in Natera’s recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.

Contacts

Investor Relations: Mike Brophy, CFO, Natera, Inc., 510-826-2350

Media: Paul Greenland, VP of Corporate Marketing, Natera, Inc., [email protected]

References

  1. ACOG Practice Bulletin 226: Screening for Fetal Chromosomal Abnormalities. Published August 2020.
  2. Norton ME, et al. Cell-free DNA analysis for noninvasive examination of trisomy. N Engl J Med. 2015 Apr 23;372(17):1589-97.
  3. Ryan A, et al. Validation of an Enhanced Version of a Single-Nucleotide Polymorphism-Based Noninvasive Prenatal Test for Detection of Fetal Aneuploidies. Fetal Diagn Ther. 2016;40(3):219-223.

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SOURCE Natera, Inc.