Friday, May 27, 2011

PayPal Sues: Google Stole Our Trade Secrets to Create Google Wallet


Google launches NFC payment service, eBay sues alleging theft
By Josh Ong - Apple Insider

After Google unveiled the Google Wallet Near Field Communication mobile payment service on Thursday, eBay and subsidiary PayPal filed a lawsuit alleging the project's team leader stole trade secrets to create the service.  MacNN reports that, within hours of the Google Wallet launch, eBay sued the search giant for allegedly using the company's trade secrets to build the technology. According to the complaint, Google Wallet project lead Osama Bedier was poached away from PayPal in the middle of negotiating a deal between the two companies.  read more
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