Users go into overdrive- Google(NASDAQ:GOOG) Drive restored - GOOG, AAPL, MSFT
Northern, WI 03/19/2013 (avauncer) - Google Inc (NASDAQ:GOOG)’s shares down by 0.80% to close at $807.79 Google drive had been affected by a disruption that has now been set right said the company. A significant subset of users of the online storage service had been affected by the outage that had been inaccessible to most users at New York time, 10.17 am. Two hours later, a company update had stated that the issue would be resolved soon. The service is in competition to similar ones offered by competitors, Apple Inc (NASDAQ:AAPL) up by 2.72% to close at $455.72 and Microsoft Corporation (NASDAQ:MSFT) up by 0.23% to close at $28.10. The Google Drive service encourages users to access online features including the company’s own document and email programs.
Not restricting its horizons
Though the Google core business is its search engine, in an increasingly competitive market it has been looking for new avenues to reach out to its users and increase its revenue from user subscription fees. Google Drive was launched last year and the basic version is free for upto 5 gigabytes after which it is charged at $2.49 per month or more for any additional space that customers wish to use. The folder can be added on multiple computers and is compatible with Microsoft Corporation (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) operating systems as well.
Once the documents and files have been stored they can be edited and shared online. An increasing number of individuals and businesses are relying on online services such as this one to run their businesses more efficiently and convenience and quick accessibility is what these services primarily offer its users.