Tallyman

27 May, 2011

PayPal to sue Google over Google Wallet app

Posted by: Steve In: Interesting Stories|Media News|Science & Technology

After Google unveiled its tap-to-pay technology in New York on a smartphone equipped with its Android software, PayPal struck back in a California court with a lawsuit alleging the service is the byproduct of intellectual theft and betrayal.

The central figure in the 28-page complaint is Osama Bedier, now Google’s vice president of payments after spending nine years at PayPal. He was part of the team that showed off a new service called “Google Wallet.”

The suit alleges Google hired Bedier four months ago primarily to pick his brain and steal PayPal’s trade secrets for its new phone-as-a-wallet service.

Read more: http://www.foxnews.com/scitech/2011/05/27/paypal-sues-google-unveils-smartphone-pay-service/#ixzz1NYrN0ZQH

Content Copright Fox News.

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