PayPal sues Google over 'trade secrets'

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Leaking trade secrets?

The lawsuit filed by PayPal claims before Bedier left, research was conducted pinpointing Google’s major weaknesses in their attempt to break into the mobile payment market - the analysis of which was shared with Bedier. Evidence has also shown that days before Bedier left for Google, he downloaded updates on PayPal strategies, which PayPal claims is suspicious if he had intentions to leave the company.

Paypal claims that Bedier may have taken this knowledge to Google and PayPal, comparing the two projects with prospective retailers, as it is not likely that any retailer would choose to test both products, according to lawsuit papers.

Bedier has also been accused of soliciting PayPal employees to work for Google the way he had been recruited to work for Google by Stephanie Tilenius, a former eBay executive.

PayPal files suit

Amanda Pires, senior director of PayPal, wrote in her blog that appearing in court was not generally the way PayPal liked to handle complications.

“We spend a lot of time and energy creating the things that make PayPal unique and a preferred way to pay for almost 100 million people around the world,” she wrote.

“We treat PayPal’s ‘secrets’ seriously, and take it personally when someone else doesn’t. So we made a decision today. We filed a lawsuit against Google and two former colleagues who now work there, Osama Bedier and Stephanie Tilenius.”

Google has been asked for commentg but said it has "not yet received a copy of the complaint and won't be able to comment until we've had a chance to review it."

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Source: Copyright © ITPro, Dennis Publishing

See more about:  paypal  |  google  |  lawsuit  |  nfc  |  payments
 
 

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