The cloud, a way for people and businesses to store information on remote servers instead of locally on PCs and other devices, has become a part of the product offerings of every major tech company both consumer and enterprise. Cloud products are significant parts of the revenue at companies as diverse as IBM (NYSE: IBM), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL)
There are still a number of concerns about cloud computing. One is how secure the data stored on servers is. Hackers have attacked some of the cloud server clusters before.
Google (NASDAQ: GOOG) plans to push further into the cloud
According to The Wall Street Journal
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