Google is getting more serious about cloud computing by the day and has just announced that the GDrive online file storage system.

GDrive will give 1GB free storage to users. It will charge $.25/G/year for more space.
This compares favorably to existing charges by Amazon S3 online file storage.

Another company that might be affected by Google GDrive is Dropbox.com.

On the cloud computing front, Microsoft will launch Office Web Apps. Again, following Google's footsteps.

For those of us, who do not like to put all thsir data online, a simple 4 GB Pen Drive costs $8 one time. Just plug it in on any machine and make it sharable.