PayPal sues Google over trade secret theft

aaaaaPopular online payment service PayPal has sued Google over claims of ‘misappropriating’ trade secrets from the company.

aaaaaApparently, two former employees, now working at Google, were involved in leaking vital information of Paypal’s mobile-payment business. Paypal is currently working with major retailers to develop a new type of point of sale system.

aaaaaIn the lawsuit, Paypal claims that a former employee, Osama Bedier, stole confidential information and passed it over to Google. Another former employee, Stephanie Tilenius, violated her contractual obligations by recruiting Bedier.

aaaaaBedier “is now leading Google’s efforts to bring point of sale technologies and services to retailers on its behalf,” according to the complaint. “Bedier and Google have misappropriated PayPal trade secrets by disclosing them within Google and to major retailers.”

aaaaaPayPal also accused Bedier of non-disclosure of private talks between him and Google about a potential job at the search giant, while making negotiations to make PayPal a payment option on the Android Market – a breach of his fiduciary duty.

aaaaaGoogle had yesterday unveiled its own NFC-payment service called Google Wallet.

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