BillyS - 5:46 pm on Apr 25, 2012 (gmt 0)
The TOS for Google Drive appears at the bottom of one of the Drive's pages. It points you back to their NEW AND IMPROVED consolidated TOS, which they clearly state it applies to all Services.
You retain ownership of any intellectual property rights that you hold in that content. In short, what belongs to you stays yours.
You're missing the point... it's great that Google states it's our property, but they also make it clear they can share that data with their partners.