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Confluent Introduces New Capabilities to Enable Organizations to Adopt Event Streaming for All Mission-Critical Production Environments

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Confluent, Inc., the event streaming platform pioneer, today announced the release of Confluent Platform 5.4, which is focused on helping organizations on their path to making event streaming the central nervous system of their business. With a highly secure and resilient event streaming platform, organizations can now confidently bring information from every part of their business to a central platform to become more agile and event-driven.

As a new category of data infrastructure is created around event streaming, more than half of the Fortune 100 and thousands of companies globally are realizing the benefits of harnessing the value of events as they happen. Many large organizations are looking to quickly extend the number of teams, use cases and environments that rely on the power of event streaming. In turn, the list of requirements needed to operate Apache Kafka at this new level has grown. Todays enterprises are faced with stricter demands around security and compliance, and event streaming platforms must evolve to meet these expectations in order for enterprises to successfully and efficiently grow their deployments.

Increasingly demanding consumers and intensifying digital competition are pushing analytics from transactional to continuous. To achieve the necessary continuous intelligence, data and analytics leaders must understand and master the event stream processing market, according to Gartner, Inc.s Market Guide for Event Stream Processing, Nick Heudecker, et al, 7 August 2019.

Confluent is dedicated to building an event streaming platform that helps organizations achieve their goals of leveraging real-time event data to deliver innovative customer experiences and unlock game-changing internal efficiencies, regardless of the makeup of their IT environments. With Confluent Platform 5.4, organizations now have the security, resilience and storage they need to extend whats possible with their event streaming platform for their business and customers.

Enterprises are expected to deliver cutting edge digital experiences; however, their growing list of production prerequisites often holds them back from fully leveraging the event streaming capabilities needed to power those experiences at scale, said Ganesh Srinivasan, vice president of product and engineering, Confluent. To advance our goal of enabling developers, operators and architects to reap the benefits of event streaming, weve built Confluent Platform 5.4 to be the quickest route for enterprises to utilize event streaming at massive scale with the ease and security they require.”

To reduce the complexity of securing and deploying event streaming for any company, Confluent is delivering the following enhancements in Confluent Platform 5.4:

Enterprise-Grade Security for Accessing Critical Resources Across Multiple Teams

Role-Based Access Control: Platform-Wide Security with Fine-Tuned Granularity

As enterprises continue to grow and expand event streaming use cases, the number of connected systems and users increases along with potential risks from internal and external forces. To enforce more rigorous security authorizations, Confluent Role-Based Access Control provides a centralized framework for granting permissions by users and groups, starting at the cluster level and moving all the way down to individual topics, consumer groups or even individual connectors. Now Kafka operators can delegate the responsibility of managing access permissions to true resource owners, ensuring security at scale across all platform components (Control Center, Kafka Connect, KSQL, Schema Registry, REST Proxy, and MQTT Proxy).

Structured Audit Logs: Security Traceability and Regulatory Compliance

Until now, activity happening in an event streaming platform was a black box for Kafka operators, which made it difficult to trace actions taken by users, detect abnormal behavior and identify potential security threats. Confluent Structured Audit Logs solves this issue by enabling operators to capture authorization logs in a set of dedicated Kafka topics. They can conduct deeper analysis on these logs to improve their systems and processes using Kafka native tools, such as KStreams or KSQL, or by offloading them to external systems with a sink connectors pre-built by Confluent. Confluent is the first vendor to support CloudEvents, ensuring that Structured Audit Logs meets the industrys standard for describing event data in a common way. This makes it easier to address compliance requirements around information security, which can accelerate enterprises ability to extend the power of Kafka to a wider range of new use cases.

Fully Automated Disaster Recovery to Improve Reliability

Multi-Region Clusters: Disaster Recovery and Multi-Site Deployments for Kafka

For many global organizations spanning a wide range of geographic regions, running a single stretch Kafka cluster across multiple data centers meant tradeoffs in durability, availability and latency. So teams often resorted to replication across multiple clusters, which introduced inefficiencies in the recovery process due to coordination amongst multiple client teams. Confluent Multi-Region Clusters overcomes those tradeoffs by stretching a single Kafka cluster across multiple regions using synchronous and asynchronous replication at the topic level. By leveraging Kafkas internal replication, Multi-Region Clusters enables automated client failover, which fundamentally improves Recovery Time Objectives (RTOs) and significantly streamlines disaster recovery operations.

Greater Control Over Data Quality to Increase Reliability of Entire Kafka Ecosystem

Schema Validation: Centralized Way to Control Data Compatibility

To ensure the reliability of an organizations Kafka ecosystem, control over the quality of data being written to the system is critical. Otherwise, incorrectly formatted data can be published to Kafka causing the system to be corrupted and open to failure. Kafka operators now have the option to enable Confluent Schema Validation at the topic level to ensure data compatibility across the platform as defined in Confluent Schema Registry. This is especially helpful for large organizations with multiple users and groups using Kafka to build event streaming applications.

Object Storage Offload to Unlock Limitless Data Retention

Tiered Storage: Infinite Data Retention and Increased Elasticity

With more systems connected to Kafka and new event streaming apps and microservices developed on it, enterprises are required to store larger amounts of data for longer periods of time. That introduces prohibitively higher costs and difficulties scaling as compute and storage are tightly coupled. Confluent Tiered Storage allows brokers to recognize storage in two tiers: local disks and object stores. Offloading older data to object storages drastically improves elasticity and enables infinite retention so enterprises can more freely and cost-effectively expand the use of event streaming, perform year-over-year analytics and replay data to meet compliance requirements.

All features listed here are available as part of Confluent Platform 5.4, with the exception of Tiered Storage which is available as a preview, and are deployed through Confluent Server. As standard for every Confluent Platform release, Confluent Platform 5.4 compliments the latest version of Apache Kafka (2.4), which Confluent continues to significantly contribute to.

Additional Resources:

About Confluent

Confluent, founded by the original creators of Apache Kafka, pioneered the enterprise-ready event streaming platform. With Confluent, organizations benefit from the first event streaming platform built for the enterprise with the ease of use, scalability, security and flexibility required by the most discerning global companies to run their business in real time. Companies leading their respective industries have realized success with this new platform paradigm to transform their architectures to streaming from batch processing, spanning on-premises and multi-cloud environments. Backed by Benchmark, Index Ventures and Sequoia Capital, Confluent is headquartered in Mountain View and London with offices globally. To learn more, please visit www.confluent.io. Download Confluent Platform and Confluent Cloud at www.confluent.io/download.

Confluent and associated marks are trademarks or registered trademarks of Confluent, Inc.

Apache and Apache Kafka are either registered trademarks or trademarks of the Apache Software Foundation in the United States and/or other countries. No endorsement by the Apache Software Foundation is implied by the use of these marks. All other trademarks are the property of their respective owners.

Lyn Canilao

[email protected]

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CNOOC Limited Announces Commencement of Production at Liuhua 16-2 Oilfield / 20-2 Oilfield Joint Development Project

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HONG KONG, Sept. 20, 2020 /PRNewswire/ — CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Liuhua 16-2 oilfield/ 20-2 oilfield joint development project has commenced production.

Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in Eastern South China Sea. The average water depth of the joint development project is approximately 410 meters.  One 150,000 DWT FPSO and three underwater production systems are newly built. A total of 26 development wells are planned to be put into production and development. The project is expected to reach its peak production of approximately 72,800 barrels of crude oil per day in 2022.

CNOOC Limited holds 100% interest of Liuhua 16-2 oilfield/ 20-2 oilfield joint development project.

– End –

Notes to Editors:

More information about the Company is available at http://www.cnoocltd.com.

*** *** *** ***

This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements regarding expected future events, business prospectus or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate under the circumstances. However, whether actual results and developments will meet the expectations and predictions of the Company depends on a number of risks and uncertainties which could cause the actual results, performance and financial condition to differ materially from the Company’s expectations, including but not limited to those associated with fluctuations in crude oil and natural gas prices, macro-political and economic factors, changes in the tax and fiscal regimes of the host countries in which we operate, the highly competitive nature of the oil and natural gas industry, the exploration and development activities, mergers, acquisitions and divestments activities, environmental responsibility and compliance requirements, foreign operations and cyber system attacks.  For a description of these and other risks and uncertainties, please see the documents the Company files from time to time with the United States Securities and Exchange Commission, including the Annual Report on Form 20-F filed in April of the latest fiscal year.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

*** *** *** ***

For further enquiries, please contact:

Ms. Jing Liu
Manager, Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-3404
Fax: +86-10-8452-1441
E-mail: [email protected]

Ms. Ada Leung 
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Fax: +852-2576-1990
E-mail: [email protected]

Photo – https://photos.prnasia.com/prnh/20200911/2914374-1LOGO?lang=0

 

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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Odonate Therapeutics, Inc. of Class Action Lawsuit and Upcoming Deadline – ODT

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NEW YORK, Sept. 19, 2020 — Pomerantz LLP announces that a class action lawsuit has been filed against Odonate Therapeutics, Inc.  (“Odonate” or the “Company”) (NASDAQ: ODT) and certain of its officers.   The class action, filed in United States District Court for the Southern District of California, and docketed under 20-cv-01828, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Odonate securities between December 7, 2017, and August 21, 2020, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased Odonate securities during the class period, you have until November 16, 2020, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action]

Odonate was founded in 2013 and is based in San Diego, California.  Odonate is a pharmaceutical company that develops therapeutics for the treatment of cancer.  The Company is focused on developing tesetaxel, an orally administered chemotherapy agent. 

Tesetaxel is in Phase 3 clinical study for patients with locally advanced or metastatic breast cancer (“MBC”), called the CONTESSA trial, which is evaluating tesetaxel in combination with capecitabine in patients with MBC.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational, and compliance policies.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) tesetaxel was not as safe or well-tolerated as the Company had led investors to believe; (ii) consequently, tesetaxel’s commercial viability as a cancer treatment was overstated; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On August 24, 2020, during pre-market hours, Odonate issued a press release announcing top-line results from the CONTESSA trial.  Although the study met its primary endpoint, tesetaxel plus capecitabine was associated with Grade 3 or higher neutropenia (low levels of white blood cells), which occurred in 71.2% of patients with the combination treatment versus 8.3% for capecitabine alone.  Various other Grade 3 or higher treatment-emergent adverse events (“AEs”) were also associated with tesetaxel plus capecitabine versus capecitabine alone.  Further, discontinuation rates were 4.2% from neutropenia and 3.6% from neuropathy, and the overall discontinuation rate was 23.1% in the treatment group compared to 11.9% in the capecitabine alone group.

On this news, Odonate’s stock price fell $15.21 per share, or 45.35%, to close at $18.33 per share on August 24, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT: Robert S. Willoughby Pomerantz LLP [email protected]

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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Fastly, Inc. of Class Action Lawsuit and Upcoming Deadline – FSLY

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NEW YORK, Sept. 19, 2020 — Pomerantz LLP announces that a class action lawsuit has been filed against Fastly, Inc.  (“Fastly” or the “Company”) (NYSE: FSLY) and certain of its officers.   The class action, filed in United States District Court for the Northern District of California, and docketed under 20-cv-06454, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Fastly securities between May 6, 2020, and August 5, 2020, inclusive (the “Class Period”) and were damaged thereby, seeking to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and SEC Rule 10b-5 promulgated thereunder (the “Class”).

If you are a shareholder who purchased Fastly securities during the class period, you have until October 26, 2020, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action]

Fastly is the provider of an edge cloud platform. Fastly’s edge cloud platform purportedly enables “customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing [its] customers’ applications as close to their end-users as possible.”

The complaint alleges that during the Class Period, Defendants knowingly and/or recklessly made false and/or misleading statements about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (i) that Fastly’s largest customer was ByteDance, operator of TikTok, which was known to have serious security risks and was under intense scrutiny by U.S. officials; (ii) that there was a material risk that Fastly’s business would be adversely impacted should any adverse actions be taken against ByteDance or TikTok by the U.S. government; and (iii) that, as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 5, 2020, after market close, Fastly held its second quarter (“Q2”) 2020 earnings conference call. During the call, Defendants disclosed that ByteDance, the Chinese company that operates the wildly popular mobile app TikTok, was Fastly’s largest customer in Q2 2020 and that TikTok represented about 12% of Fastly’s revenue for the six months ended June 30, 2020.

This news shocked the market, as TikTok had been under heavy scrutiny by U.S. officials and others since at least late 2019 due to fears that the data it collects from its users could be accessed by the Chinese government. Indeed, on July 31, 2020, President Trump announced a plan to ban TikTok in the U.S. over national security concerns. As Fastly’s Chief Executive Officer (“CEO”) admitted on the Q2 2020 earnings call, “any ban of the TikTok app by the US would create uncertainty around our ability to support this customer[,]” and “the loss of this customer’s traffic would have an impact on our business.”

On this news, Fastly’s share price fell $19.28 per share, or approximately 17.7% from the previous trading day’s closing price of $108.92 per share, to close at $89.64 per share on August 6, 2020. Fastly’s shares continued to decline on August 6, 2020, when President Trump issued an executive order effectively banning TikTok, declining another $10.31 per share from the closing price on August 6, 2020, or approximately 11.5%, to close at $79.33 per share on August 7, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT: Robert S. Willoughby Pomerantz LLP [email protected] 888-476-6529 ext. 7980

 

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