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Google Drive, Google’s personal cloud storage service, may launch next week at drive.google.com, according The Next Web (TNW).

TNW claims Google will be giving users 5 GB of storage and will be offered initially free. TNW to support their claims cited a draft release from one of Google’s launch partners for the personal cloud storage service. With all these reports and leaks, its safe to assume that the launch is imminent and an official announcement may soon be heard from Google.

Xmarks is a bookmark sync browser add-on that lets you synchronize all your bookmarks, passwords and other data over several computers, across almost all popular browsers. I am a Xmarks user myself and use it to sync my bookmarks across all the browsers that I use. Sadly, this awesome bookmark sync service will be shutting down service on January 10, 2011.

According to the blog post update on the official Xmarks blog, from today Xmarks will start sending notifications to its users (I still haven’t received one) that the service will be shut down in 90 days. The reasons for the shutdown are explained in detail in the blog post. It can be understood that the main reasons behind shutting down Xmarks are funds running out and Xmarks being unable to find a viable business model or a buyer.