Latest news with #TimAdams
Yahoo
29-05-2025
- General
- Yahoo
New pool will be 'huge benefit' to town
A new swimming pool will be a "huge benefit" to a town that has been without one for over a decade, a meeting was told. North Norfolk District Council's planning committee unanimously backed an £11m improvement plan to Fakenham's leisure centre - put forward by the council itself. Conservative Councillor Angie Fitch-Tillett said after figures showed Norfolk had the second highest number of accidental drownings last year, the pool was needed because it was "vital that people learn how to swim". The new pool will have four, 25-m (82-ft) lanes whilst a 3G all-weather artificial grass pitch will be added to site. Its changing rooms will also be refurbished. The authority's Liberal Democrat leader Tim Adams said construction work could start later this year and the new facilities could open in October 2026. Referring to figures from the National Water Safety Forum, which showed 9 people accidentally drowned in the county last year, Fitch-Tillett said pools were a "necessity for people learning to swim". "Don't forget, we've got more water than anywhere else. Not just the sea, but the Broads and rivers," she added. Some members of the town's brass band had opposed the plan, because it will see the demolition of the space they had used to practice in. But the local Conservative councillor Christopher Cushing said the idea had been "received enthusiastically by the majority of residents in the town". There has been a long-running campaign for a new swimming facility since the closure of Fakenham Academy's pool in 2014. Follow Norfolk news on BBC Sounds, Facebook, Instagram and X. Cold War plane transported to new home Theatre boss amazed to show off Shakespeare stage Motorsport: 'I was the only female in the room' North Norfolk District Council
BBC News
29-05-2025
- General
- BBC News
New pool will be 'huge benefit' to Fakenham
A new swimming pool will be a "huge benefit" to a town that has been without one for over a decade, a meeting was Norfolk District Council's planning committee unanimously backed an £11m improvement plan to Fakenham's leisure centre - put forward by the council Councillor Angie Fitch-Tillett said after figures showed Norfolk had the second highest number of accidental drownings last year, the pool was needed because it was "vital that people learn how to swim".The new pool will have four, 25-m (82-ft) lanes whilst a 3G all-weather artificial grass pitch will be added to site. Its changing rooms will also be authority's Liberal Democrat leader Tim Adams said construction work could start later this year and the new facilities could open in October 2026. Referring to figures from the National Water Safety Forum, which showed 9 people accidentally drowned in the county last year, Fitch-Tillett said pools were a "necessity for people learning to swim"."Don't forget, we've got more water than anywhere else. Not just the sea, but the Broads and rivers," she members of the town's brass band had opposed the plan, because it will see the demolition of the space they had used to practice the local Conservative councillor Christopher Cushing said the idea had been "received enthusiastically by the majority of residents in the town".There has been a long-running campaign for a new swimming facility since the closure of Fakenham Academy's pool in 2014. Follow Norfolk news on BBC Sounds, Facebook, Instagram and X.
BBC News
10-04-2025
- Politics
- BBC News
Rise in north Norfolk sewage spills prompts investment concerns
Concerns have been raised about infrastructure investment following an increase in the amount of sewage pumped into rivers and the sea in north Norfolk last waste water was released in the east of England for almost 500,000 hours – a 64% increase on 2023 – with Anglian Water promising "transformational action" to tackle the flowed into the River Stiffkey, near Blakeney, for more than 1,500 hours, while beaches at West Runton, East Runton and Mundesley, all of which have Blue Flag status for excellent water quality, were near overflow pipes that had increased Norfolk Lib Dem MP Steffan Aquarone said the Environment Agency's data was "disgraceful". He said: "The people of north Norfolk deserve so much better than filthy water and polluted oceans."I'll keep on demanding that Anglian Water increase their investment in the area and that the money goes towards urgently improving our rural and coastal sewage infrastructure."The releases came from storm overflows, which dump untreated sewage into rivers and the sea, usually during periods of heavy rain, to stop sewers backing up and to the Local Democracy Reporting Service, more than 500 hours of spills came from Cromer's main sewage works out in the North Sea, off the coast of West had 91 spills, while another pipe on West Runton beach had 116 hours of spills during 32 incidents. One mile (about 1.5km) along the coast, East Runton beach regained its Blue Flag status last summer but was closed for several days in June due to sewage pollution. 'Extreme weather' At Mundesley, an outfall off the coast had 87 spills lasting for a total of 371 hours and a pipe on the beach had two spills totalling nearly seven Norfolk District Council leader Tim Adams said the figures "proved there is still an awful of infrastructure work needed".Anglian Water has said it would spend £1bn to tackle spills."We know our customers will be disappointed to see an increase in our storm overflow data this year," a spokeswoman said."This is largely reflective of the extreme weather and persistent flooding we saw across our region in the first part of 2024, which accounted for nearly 50% of our spills."We have promised transformational action – because we know our climate is going to keep changing, so we have to find better ways of dealing with extreme rainfall." Follow Norfolk news on BBC Sounds, Facebook, Instagram and X.
Yahoo
13-02-2025
- Business
- Yahoo
Rapid7 Inc (RPD) Q4 2024 Earnings Call Highlights: Strong ARR Growth Amidst Competitive Challenges
Release Date: February 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Rapid7 Inc (NASDAQ:RPD) ended 2024 with $840 million in ARR, growing 4% over the prior year, in line with their outlook. Revenue and operating income exceeded guided ranges, with over $150 million in free cash flow generated for the year. The detection and response business delivered double-digit growth, ending the year with over $400 million in ARR. The company made substantial progress in scaling its partner ecosystem, booking 80-90% of new ARR through the channel. Rapid7 Inc (NASDAQ:RPD) achieved significant milestones in cloud security adoption with the release of Exposure Command, driving over 20% year-over-year growth in risk and exposure management pipeline generation. Rapid7 Inc (NASDAQ:RPD) acknowledged that recent growth has not kept pace with broader security demand. The vulnerability management landscape is facing intense competition and cloud migration, leading to secular pressure and increased churn. The company experienced challenges in managing the transition from traditional vulnerability management to integrated security operations. There is uncertainty and disruption with certain state, local, educational, and healthcare customers affecting ARR growth expectations. The managed service component of the business comes with lower gross margins due to its labor-intensive nature. Warning! GuruFocus has detected 6 Warning Signs with RPD. Q: Can you clarify the growth expectations for the Detection and Response (DNR) business and how it compares to the Vulnerability Management (VM) segment? A: Corey Thomas, CEO: The DNR business, particularly Managed Detection and Response (MDR), is growing in the mid-teens and represents a significant portion of our ARR. The remainder includes cloud VM and legacy products. We are confident in the growth potential of the DNR segment and are investing in it. The integrated exposure management market is also expected to be a growth driver, although we are cautious about overestimating its immediate impact. Q: How do you view the margins for the Managed Detection and Response (MDR) business compared to the rest of the company? A: Tim Adams, CFO: Product gross margins are expected to remain stable in the mid-seventies. The managed service aspect of MDR has a lower gross margin due to its labor-intensive nature, but we are working on efficiencies through AI and our innovation center in India. Overall, we anticipate maintaining stable product gross margins. Q: What is Rapid7's value proposition in the competitive cloud security market, and how sustainable is your success? A: Corey Thomas, CEO: Our focus is on reducing complexity for customers by providing integrated exposure management across various environments, including cloud and on-prem. We aim to offer a comprehensive view of the attack surface, manage risk, and ensure compliance. This approach targets a broader market beyond the initial cloud adopters, making it a sustainable strategy. Q: How are you addressing the decline in the Vulnerability Management (VM) market, and what is the outlook for this segment? A: Corey Thomas, CEO: The traditional on-prem VM market is not experiencing significant growth, but we see opportunities in managing risk in a fragmented regulatory environment. We are focusing on exposure management, which is gaining traction. While we expect incremental positive impact this year, the more substantial benefits will likely materialize next year. Q: Can you elaborate on the competitive environment and pricing pressures Rapid7 faces? A: Corey Thomas, CEO: The traditional VM market has been competitive, but our exposure command is gaining momentum with better-than-expected conversion rates. We see a robust upsell opportunity within our install base, particularly in the DNR and exposure management segments. While the market remains competitive, we are well-positioned to capitalize on these opportunities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
31-01-2025
- Yahoo
Here's how PC gamers are trolling GPU scalper bots
In response to the recent launch of Nvidia's latest RTX 5090 and RTX 5080 graphics cards, eBay users have taken matters into their own hands to combat scalpers and automated purchasing bots. By listing fake products—such as photographs or drawings of the RTX 5090, sometimes humorously framed—sellers aim to deceive bots programmed to acquire these high-demand items for resale at inflated prices. These deceptive listings often mimic the appearance of genuine product offers, complete with pricing around the manufacturer's suggested retail price (MSRP) or lower. Subtle warnings like 'read description' are included to alert human buyers. Upon reviewing the description, it becomes evident that the listing is for an image or drawing of the graphics card, not the actual hardware. Some sellers even specify that purchasers will receive a digital image via email or a random item from a donation store, clearly indicating the non-physical nature of the product. For instance, this listing asks users to read the description where it says – 'THIS IS JUST A PICTURE OF THE RTX 5090 GRAPHICS CARD PRINTED IN BLACK AND WHITE FROM MY PRINTER. HUMANS DO NOT BUY! ZERO RETURNS! SALES ARE FINAL!' This tactic has proven effective. A search for 'RTX 5090' on eBay reveals numerous such listings, with some even recording sales. While it's unclear whether these purchases were made by bots or unsuspecting individuals, the prevalence of these fake listings has made it challenging for scalpers to identify genuine products. The motivation behind these actions stems from widespread frustration over the limited availability of Nvidia's latest RTX 50-series desktop GPUs, which went on sale just yesterday, January 30. Despite the company's efforts, the RTX 5090 and RTX 5080 have been in short supply since their release, leading to significant demand and prompting enthusiasts to camp outside retailers in hopes of securing a unit. Gamers Nexus has done an excellent deep dive on the ongoing RTX 50-series GPU shortages. The video suggests that major retailers such as Micro Center, Best Buy, and Newegg had extremely limited stocks that were depleted within hours, leaving many enthusiasts empty-handed. In Japan, the situation was equally chaotic. Eager customers were seen hopping fences of neighboring properties to secure a GPU. To manage overwhelming demand and prevent scalping, a Japanese retailer implemented a lottery system just to buy one GPU. However, the lottery concluded before many attendees arrived, leading to further frustration among consumers. Notably, Nvidia acknowledged that its new RTX 5090 and 5080 graphics cards would face significant demand, potentially leading to stock shortages. Tim Adams, Nvidia's head of GeForce community, stated in the company's forums, 'We expect significant demand for the GeForce RTX 5090 and 5080 and believe stock-outs may happen.' He emphasized that the company and its partners are continuously shipping more stock to retailers to meet consumer demand. Reports suggest that these supply challenges may persist for up to three months, exacerbating the situation and giving scalpers more opportunities to exploit the market. While system integrators might offer a way to get an RTX 50-series GPU, expect to pay a premium—and likely end up with extra parts you don't need if you already own a PC.
