27 May, 2011
PayPal to sue Google over Google Wallet app
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.
Content Copright Fox News.