Friday, February 10, 2012

Google Inc. (NASDAQ:GOOG) To Take On Dropbox With Cloud Storage?

Google Inc. (NASDAQ:GOOG) may be set to launch a cloud storage product GDrive
in the coming weeks. Google Inc. (NASDAQ:GOOG) To Take On Dropbox With Cloud
Storage? The Wall Street Journal has reported that Google Inc. (NASDAQ:GOOG) is
planning to launch its cloud storage GDrive in the coming weeks to challenge
Dropbox. GDrive will allow users to upload and store content which will be
accessible from anywhere if they have internet connection. The company will
offer the service for free. The report cited sources familiar with the matter,
"If a person wants to email a video shot from a smartphone, for instance, he
can upload it to the Web through the Drive mobile app and email people a link to
the video rather than a bulky file". Google Inc. (NASDAQ:GOOG) shares are
currently standing at 611.46. Price History Last Price: 611.46 52 Week Low /
High: 473.02 / 670.25 50 Day Moving Average: 616.61 6 Month Price Change %:
11.1% 12 Month Price Change %: -1.4%

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