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PayPal v/s Google? – The latest happenings around – News

With the intention to make you aware with the latest happenings of the world, we will periodically inform you the same, with the vision that you may find them interesting.

The big title like “clashes of the titans” sometimes suit to the real incident. For example those who don’t know (well, I myself also didn’t knew it before some time), that if not the biggest then definitely one of the biggest online payment system PayPal has filed a lawsuit against Google (one of the biggest companies dealing in various fields of IT and dominates search engine market). So the title could suit the incident here. On the official PayPal blog http://www.thepaypalblog.com/ the details are posted. They posted the information with the title which made me remember the famous “Matrix” series of films (for its dialog by Morpheus) – and the post can be directly accessible at https://www.thepaypalblog.com/2011/05/paypal-files-lawsuit-to-protect-trade-secrets-a-reason-worth-fighting-for/

In the post, Amanda Pires, Senior director, PayPal global communications, have started the post with “pending time in courtrooms is generally not our thing. 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. “. Well, nothing seems a claim or lawsuit against anyone right?, there comes the next part of the sentence then, “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.”

The entire lawsuit available to read for the public at http://www.ebayinc.com/assets/pdf/fact_sheet/2011_PayPal_DOC.pdf. Its 28 pages long! As Google is also in the online payment market with its own “Google Checkout”. Just after the launch of “Google Wallet” – mobile payment system, this lawsuit is claimed.

The official Paypal bog goes on saying “We filed a lawsuit against Google and two former colleagues who now work there, Osama Bedier and Stephanie Tilenius.” It is said by her, that as employees are shifting from one company to the another like from PayPal to Google to FaceBook to… however, there is no problem with that unless the process doesn’t reveal one’s trade secret to the another.

It will be interesting to hear Google’s side in this case. We will update you once we hear.

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