Google Near Launch of Cloud Storage Service

Google Inc. is close to launching a cloud-storage service that would rival one of Silicon Valley’s hottest start-ups, cloud-storage provider Dropbox Inc., according to people familiar with the matter.

Like Dropbox, Google’s storage service, called Drive, is a response to the growth of Internet-connected mobile devices like smartphones and tablets and the rise of “cloud computing,” or storing files online so that they can be retrieved from multiple devices, these people said.

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Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

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