Google to launch online storage service for consumers

Google is reportedly about to launch a major new consumer service offering cloud-based storage for photos and other online content this week.

The service is called Google Drive and it will offer 5 Gigabytes of storage space, while various versions with incrementally more storage capacity, topping out at about 100 Gibabytes, will be available for monthly fees, according to a person familiar with the matter.

Reports suggest that Google Drive will work with sophisticated image search technology to let consumers sift through a wide variety of document types, including PDF files and photographs.

The new service will probably affect the competition - Web startups such as Dropbox, Box and Evernote, as well as with Microsoft Corp and its SkyDrive service.

Read the full Reuters story -here-

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