Google to launch online storage service for consumers
Google Inc is preparing to roll out a service to let consumers store photos and other content online, a source familiar with the matter said, pushing into a market now dominated by the likes of Dropbox and Box.
The service, to be called Google Drive, could be announced as soon as Tuesday and would be offered with both free and premium for-pay versions, the source said.
Google's "cloud storage" offering will incorporate search capabilities and allow users to store pictures, notes and other documents on the Internet and access them from any Web-connected device.
Consumers will get 5 Gigabytes of storage for free with Google Drive, while various versions with incrementally more storage capacity, topping out at about 100 Gibabytes, will be available for monthly fees, the source said. The world's No.1 Web search engine with roughly $38 billion in 2011 revenue, Google generates 96 per cent of its revenue from advertising, such as the small ads that appear alongside its search results.
Google Inc is preparing to roll out a service to let consumers store photos and other content online, a source familiar with the matter said, pushing into a market now dominated by the likes of Dropbox and Box.
The service, to be called Google Drive, could be announced as soon as Tuesday and would be offered with both free and premium for-pay versions, the source said.
Google's "cloud storage" offering will incorporate search capabilities and allow users to store pictures, notes and other documents on the Internet and access them from any Web-connected device.
Consumers will get 5 Gigabytes of storage for free with Google Drive, while various versions with incrementally more storage capacity, topping out at about 100 Gibabytes, will be available for monthly fees, the source said. The world's No.1 Web search engine with roughly $38 billion in 2011 revenue, Google generates 96 per cent of its revenue from advertising, such as the small ads that appear alongside its search results.
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