Google To Launch GoogleDrive Cloud-Storage Service Soon

Google is going to monetize its ocean of data storage and bandwidth by starting a new service that will rival the likes of DropBox. Called Google Drive, the service could allow people to make use of their G-Mail storage quota (like G-Mail Drive once did) for free, and probably offer additional storage at a cost. According to Wall Street Journal, the service is expected to be launched "soon" (in the next few weeks or months). To compete with other similar service providers, Google could come up with attractive prices. Unlike services such as MegaUpload, Google Drive would be strictly personal storage. The Drive service will be inter-twined with Google Docs, and facilitate better remote collaboration between co-workers.

Sources: The Verge, Wall Street Journal