With the rise of cybersecurity threats from personal phones to computers, note-taking app Evernote bets its cloud platform can handle those issues.
“Part of our move to the public cloud was to really, really strengthen our already strong security, so that was a big step for us,” CEO Chris O'Neill told Cheddar. “The trust in security is really crucial because people trust their lives to Evernote.”
The company launched its Google Cloud Platform last February, moving 5 billion notes and 5 billion attachments to the cloud in 70 days. Evernote says that the new system encrypts user data at all times, offers improved disaster recovery planning, and will prove to be “faster and more reliable.”
The company’s platform supports 220 million subscribers, 83 percent of whom are international.
For full interview [click here](https://cheddar.com/videos/making-your-to-do-list-digital).
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
