EBay to sue Google?
BlueMax372
2011/05/28 22:36:10
By Rex Crum
Market Watch
SAN FRANCISCO -- Google Inc. didn't even get a full day to revel in the launch of its new Google Wallet smart-phone pay service before eBay Inc. and its PayPal unit sued the online giant for alleged stealing trade secrets for mobile payment systems.
The suit, which eBay and PayPal filed Thursday in the Santa Clara Superior Court in San Jose, CA, claims that Google and two former PayPal employees created the Google payment system using proprietary technology developed at PayPal.
The former PayPal executives, Osama [you can't make this $h*t up!] Bedier and Stephanie Tilenius, were also named in the suit.
Bedier is Google's vice president of payments and joined the company in January after working as vice president of platform, mobile, and new ventures at PayPal. Tilenius is vice president of commerce at Google and joined the company in 2009.
In a blog posting announcing the suit, Amanda Piers, PayPal's senior director of global communications said, "Sometimes the behaviors of people and competitors make legal action the only meaningful way for a company to protect one of its most valuable assets -- its trade secrets."
--The St. Augustine Record, May 28, 2011, p. 1C.
Market Watch
SAN FRANCISCO -- Google Inc. didn't even get a full day to revel in the launch of its new Google Wallet smart-phone pay service before eBay Inc. and its PayPal unit sued the online giant for alleged stealing trade secrets for mobile payment systems.
The suit, which eBay and PayPal filed Thursday in the Santa Clara Superior Court in San Jose, CA, claims that Google and two former PayPal employees created the Google payment system using proprietary technology developed at PayPal.
The former PayPal executives, Osama [you can't make this $h*t up!] Bedier and Stephanie Tilenius, were also named in the suit.
Bedier is Google's vice president of payments and joined the company in January after working as vice president of platform, mobile, and new ventures at PayPal. Tilenius is vice president of commerce at Google and joined the company in 2009.
In a blog posting announcing the suit, Amanda Piers, PayPal's senior director of global communications said, "Sometimes the behaviors of people and competitors make legal action the only meaningful way for a company to protect one of its most valuable assets -- its trade secrets."
--The St. Augustine Record, May 28, 2011, p. 1C.
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