Dropbox helped popularize the concept of cloud storage, and in effort to remain relevant (and competitive), it's now offering users more storage for less money, and simplifying things to boot. Instead of offering users a choice of 100GB, 200GB, and 500GB of storage priced at $10, $20, and $50 per month, respectively, Dropbox is now touting a single Pro plan with 1TB of storage for $10 per month or $99 per year.
That's twice as much storage as the previous top tier plan for half the price, or ten times the storage of the cheapest plan for the same price. However you want to slice it, Dropbox is offering more storage for less money, and is likely to attract a wider audience as a result.
In addition to beefing up storage and consolidating its plans into a single offering, Dropbox added some features to its service, such as new sharing controls. You can now issue passwords for shared links, set expirations for shared links, and issue view-only permissions for shared folders.
There's also a new remote wipe feature that lets you delete your Dropbox files from a lost or stolen device while keeping them backed up in Dropbox.
Current Dropbox Pro users will update to the new plan automatically in the next couple of days. Otherwise, you can sign up at Dropbox's website. Other available plans include Basic (Free, 2GB of storage) and Business ($15 per user).