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Articles tagged with: stolen technology

Paypal Sues Google For Stolen Trade Secrets

Google announced their new mobile payment system, based on NFC technologies that allows cellphone users to tap their phone to pay for things. People call it a mobile e-wallet because you no longer have to whip out your wallet, unfold it, and look for the appropriate tender. Instead, users just need to tap their phone to a mobile e-reader and the credit card is charged automatically. It’s faster, more efficient, and more fun to use.

Sounds like a dream come true, right? Well it looks like Paypal isn’t too happy about Google’s big announcement as they are filing a lawsuit against Google in California Superior Court. Claiming that a former PayPal exec (and now Google employee) leaked certain trade secrets.