Google Dropbox Competitor Nearing Release

Amir Efrati for 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, these people said.

Privacy concerns versus privacy concerns.