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After the announcement for the launching of Google Wallet in New York of the two former PayPal employees which are Stephanie Tilenius and Osama Bedier, PayPal is suing them, and Google, for stealing its trade secrets, according to international technology news site.
PayPal sues Google for allegedly stealing its employees and trade secrets that may have led to the launch of "Google Wallet," a new Google mobile payment service.
On the day Google unveiled a phone-based mobile payment system, called Google Wallet, the same day the lawsuit came.
Actually PayPal and Google had been in negotiations for two years, for PayPal to provide the payment system for Google's app store on Android phones.
Meanwhile, Google issued a statement, saying it will fight the suit.
"Silicon Valley was built on the ability of individuals to use their knowledge and expertise to seek better employment opportunities, an idea recognized by both California law and public policy."
And a spokesman sent an e-mail to CNNMoney, "We respect trade secrets, and will defend ourselves against these claims."
PayPal's chief complaint is with Osama Bedier, who worked at PayPal for eight years overseeing new product development of mobile technologies before he made the switch to a similar position at Google earlier this year.
While Stephanie Tilenius worked at eBay for eight years before moving to Google in 2009. The lawsuit claims she was obligated by contract not to recruit eBay employees until at least March 2, 2011, but she reached out to Bedier through Facebook and shepherded him through Google's interview process last year.
Source: CNNMoneyTech
PayPal sues Google for allegedly stealing its employees and trade secrets that may have led to the launch of "Google Wallet," a new Google mobile payment service.
On the day Google unveiled a phone-based mobile payment system, called Google Wallet, the same day the lawsuit came.
Actually PayPal and Google had been in negotiations for two years, for PayPal to provide the payment system for Google's app store on Android phones.
Meanwhile, Google issued a statement, saying it will fight the suit.
"Silicon Valley was built on the ability of individuals to use their knowledge and expertise to seek better employment opportunities, an idea recognized by both California law and public policy."
And a spokesman sent an e-mail to CNNMoney, "We respect trade secrets, and will defend ourselves against these claims."
PayPal's chief complaint is with Osama Bedier, who worked at PayPal for eight years overseeing new product development of mobile technologies before he made the switch to a similar position at Google earlier this year.
While Stephanie Tilenius worked at eBay for eight years before moving to Google in 2009. The lawsuit claims she was obligated by contract not to recruit eBay employees until at least March 2, 2011, but she reached out to Bedier through Facebook and shepherded him through Google's interview process last year.
Source: CNNMoneyTech
Category: Technology , World
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