PayPal files lawsuit to protect trade secrets: A reason worth fighting for

Spending 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. 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.
We spend a lot of time and energy creating the things that make PayPal unique and a preferred way to pay for almost 100 million people around the world. We treat PayPal’s “secrets” seriously, and take it personally when someone else doesn’t. So we made a decision today. We filed a lawsuit against Google and two former colleagues who now work there, Osama Bedier and Stephanie Tilenius.
You can read the entire lawsuit for yourself. You’ll see why we believe the law has been violated, and why we needed to take this action to protect PayPal’s trade secrets. That’s worth fighting for.
Amanda Pires
Senior director, PayPal global communications
 Link

Posted in: online banking,Paypal