Google has announced that, effective immediately, pricing for storage on its Drive cloud service has been lowered - a lot. Check out the graphic for a quick breakdown of the new cost structure, which is aggressively lower than pretty much any competing service.

drive_blog_pricing2

The big drop is definitely at the 1TB level, which went from $50 a month to only $10 - a decrease of 80%! 100Gb is down to $2, 60% less than the old $5 a month.

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