Google sued by eBay, PayPal over trade secrets

May 27th, 2011 by dvdxplayer 1,406 views |Comments Off

PayPal and its parent eBay have sued yahoo and google and two executives today over make trades solution misappropriation.

The make trades secrets and techniques were associated to cell payment systems.

Osama Bedier and Stephanie Tilenius, two execs formerly of PayPal, helped yahoo and google start their “Wallet” technique today. Bedier worked for PayPal for nine years, serving as vice president of platform, cell and new ventures before transferring to yahoo and google in January of this year.

Tilenius was VP of e-commerce for eBay until earlier 2010.

Both are accused of having “misappropriated PayPal make trades secrets and techniques by disclosing them within yahoo and google and also to significant retailers,” says Yahoo.

The fit also statements that PayPal and yahoo and google were functioning together because 2008 on the offer that could make PayPal a payment option for app purchases via the Android Market.

Bedier was the executive in demand belonging to the negotiations with yahoo and google in the time.

“At the extremely stage when the corporations were negotiating and finalizing the Android-PayPal deal, Bedier was interviewing for a profession at yahoo and google — with out informing PayPal of this conflicting position,” the fit says.

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