From Search  Engine Journal

On Saturday afternoon, a rumor leaked that is likely to have the Dropbox team feeling hung over as they report to work this morning. According to a TechCrunch report, the Google Drive is real, currently being used by the Google team, and poised for a launch prior to the end of this year. Google Drive will allow users to store files on the cloud and seamlessly transfer those files between devices.

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TechCrunch report about Google Drive