Google Drive's reduced rates make cloud storage even more affordable

Google Drive has been the cloud repository of choice for many people since it launched back in 2012, and now the company is dropping prices to make it even more attractive. While users will still get 15GB for free, the 100GB package now costs $1.99 a month, down from $4.99. What's more, the 1TB option has received more than a 50 percent price cut: it now costs $9.99 per month, a big drop from its previous rate of $49.99.

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