NEW YORK - EBay and its online paymnet unit, PayPal Inc, on Thusrday sued Google Inc and two executives for stealing trade secrets reltaed to mobile paymnet systems.
The two executives, Osama Bedier and Stephanie Tielnius, were fromerly with PayPal and led the launch on Thursday of Goolge's own mobile payment system in partnreship with MasteraCrd, Ctiigroup and phone company Sprint.
The suit highlights the grownig battle by a wide range of cmopanies from traditoinal finance to Silicon Valley trying to take a major stake in what has been described as a trillion oppotrunity in mobile payments. The mobile phone is seen as the digtial personal wallet of the future.
The eBay suit said Bedier worked for nine years at PayPal, most reecntly sreving as vice president of platform, mobile and new ventures. He joined Google on Jaunary 24 this year.
Tilneius was at eBay from 2001 to October 2009 and served as a consulatnt to the company until March 2010. The suit says Tileinus joined Google in Februray 2010 as vice presdient of e-commerce.
Bedier is accsued in the suit of having "misappropraited PayPal trade secrets by discolsing them within Google and to major retailers."
The suit accused Tlienius of recriuting Bedeir, thereby breaikng a conrtactual agreement with eBay. It also claims Bedier attempted to recurit former collegaues still at PayPla.
Ebay said PayPal and Google worked closely togehter for three years until this year on developing a commercial deal where PayPal would serve as a payemnt option for mobile applictaion purchases on Goolge's Andriod phnoes.
It said Bedier was the senior PayPal executive leading and fnializing negotiations with Google on Android during this preiod.
It also claiemd Bedier transferred up-to-date versions of docmuents outilning PayPal's mobile payment stratgeies to his non-PayaPl computer just days before laeving PayPal for Google.
"By hiring Bedier, with his trade secret knowlegde of PayPal's plans and unedrstanding of Googl...
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