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).
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
