PayPal sues Google Inc. for using misappropriated trade secrets of its Mobile Payment Business
PayPal Inc files a Lawsuit against Google in State court of San Jose,California for using its trade secret of its Mobile Payment Business. In its lawsuits it mentions that one of its former PayPal executive Osama Bedier who is presently working at the Google Inc. stole confidential information of PayPal.
Another ex employee executive of PayPal, Stephanie Tilenius who is currently working at Google violated the contractual obligations of recruitment and recruited Bedier. Google’s efforts of bringing point-of- sale technologies & services to its retailers is headed by Bedier. As per the complaint both Google and Bedier have misappropriated PayPal business secrets through revealing it to Google and to its major retailers.
In order to build their cell phone businesses both the companies are trying hard to get into storefronts from their online transactions. PayPal based in Santa Clara is working with major retailers in order to develop a new type of system of point of sale.Mountain View, California based Google on Friday revealed two new services for its consumers to pay to merchants and download the coupons with just a tap of their cell phones.
Google spokesman Aaron Zamost in an email said that they respect the trade secrets and they will defend all these claims of PayPal. He also added in the mail that the silicon valley was build on individual’s ability to utilize their knowledge and skills for better employment opportunities. This was the idea which was accepted by both the California law and the Public Policy.
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