Monday, May 30, 2011

PayPal Sues Google for Stealing Employees and Trade Secrets

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As soon as Google announced its mobile payment service called Google Wallet, PayPal submitted a 28-page lawsuit against Google, claiming that Google stole its employees and trade secrets.  The employees Osama Bedier and Stephanie Tilenius unveiled Google Wallet.

The lawsuit was filed in a superior court in San Jose, California.  PayPal accuses Google and two former PayPal employees (Bedier and Tilenius) who Google recruited implemented PayPal's confidential trade secrets related to mobile payment technology.