PayPal takes aim at Google with lawsuit

Online payment firm alleges that Google stole trade secrets
PayPal alleges that Google has
PayPal alleges that Google has

Share

Online payment firm PayPal is suing Google over allegations that it “misappropriated” trade secrets from PayPal’s mobile payments business.

PayPal, which is owned by online auction site Ebay, said it had filed a lawsuit against Google “and two former colleagues who now work for the company, Osama Bedier and Stephanie Tilenius”.

The lawsuit alleges that Osama Bedier, a former PayPal who joined Google in January, stole PayPal’s confidential information.

PayPal claims that Bedier also discussed a job with Google while also leading negotiations to make PayPal a payment option on Google’s Android Market.

The lawsuit also claims that another former PayPal employee who now works for Google, Stephanie Tilenius, poached Bedier, violating his contractual obligations.

“Spending time in courtrooms is generally not our thing,” PayPal said in a statement. “We prefer to compete and innovate, serving our customers by offering the best way to pay and be paid. That’s how you really win. But sometimes the behaviors of people and competitors make legal action the only meaningful way for a company to protect one of its most valuable assets – its trade secrets.”

Google responded by saying that it respected trade secrets and would defend itself against PayPal’s claims.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story