Google Drive Unveiled | Facebook May Delay IPO | Groupon Seeks Directors

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Introducing Google Drive… Yes, Really (Google Blog)
Just like the Loch Ness Monster, you may have heard the rumors about Google Drive. It turns out that one of the two actually does exist. BGR Google on Tuesday unveiled a new cloud storage service being billed as the next step in the evolution of Google Docs. Dubbed Google Drive and built to compete directly with Microsoft’s SkyDrive and other similar services, Google’s new cloud storage solution features 5GB of free space and deep Google Docs integration that allows users to collaborate and share all of their documents. GigaOM The new service will be accessible from a Web browser along with different client devices including Mac OS X, Windows and Android devices (tablets and phones). The iOS version of Drive will arrive soon, the company says. Lifehacker Each user gets 5GB for free, and can upgrade to 25GB for $2.49 a month, 100GB for $4.99 a month or even 1TB for $49.99 a month. If you upgrade, it’ll also raise your Gmail storage to that level.

Facebook IPO Could Be Delayed by Deals, Distractions (CNBC)
Facebook founder and CEO Mark Zuckerberg has been more focused on running the business and making acquisitions than on preparing for the share sale, making it hard for him and other managers to focus wholeheartedly on the IPO preparations. AllFacebook In particular, Facebook’s $1 billion acquisition of Instagram and $550 million purchase of former AOL patents from Microsoft will require that additional information be submitted to the Securities and Exchange Commission. TechCrunch It could force Facebook to delay its IPO from the May 17 date we’ve heard from multiple sources to late May or even early June. The pre-IPO roadshow would have to be pushed back as well. Potential investors might groan, but one day they might be smiling all the way to the bank.

The Police Don’t Need a Warrant to Subpoena Your Tweets, Judge Rules (The Village Voice / Runnin’ Scared)
Judge Matthew Sciarrino ruled Monday that your tweets aren’t actually your tweets. Sciarrino was ruling on motions in the case of Malcolm Harris, the managing editor of The New Inquiry, charged in connection with last September’s Occupy Wall Street march on the Brooklyn Bridge. AllTwitter Prosecutors sought to subpoena more than three months worth of Harris’ tweets so they could use them to challenge Harris’ “anticipated defense” that police officers led protesters onto the bridge before arresting them. Gizmodo Though we think those tweets are ours to delete, they’re entirely the property of Twitter as a third-party service. Prosecutors can gobble them up and use them to nail us for crimes without our consent.

See It To Believe It: AOL Is Launching AOL On, A Video Network To Drive Video Ad Sales (TechCrunch)
AOL On, as the new site is called, is a premium content portal that will work across desktop, mobile and tablet optimized sites and apps, as well as connected TV devices. And the guy running it, Ran Harnevo, SVP of AOL On, makes clear that it is nothing like a YouTube wannabe: “No dogs on skateboards, and no upload button,” he says. paidContent On this hub, the oft-reinvented AOL will sift through a library of over 320,000 short-form videos created by more than 1,000 publishers. Content will be divided into 14 channels, breaking down into the usual formats of food, business, entertainment, style, tech, travel, health, etc.

‘Moms for Mitt’ Flock to New Romney Facebook Community [EXCLUSIVE] (Mashable)
The Romney campaign created “Moms for Mitt,” a Facebook community that’s being used to display Romney’s life as father and husband and to share infographics dealing with women’s issues. This latest initiative is an outgrowth of months of political battles by the two major parties over women’s issues and treatment.