Google Wallet is set to face tough time as PayPal has filed a lawsuit for stealing trade secrets, barely hours after Google officially launched Google Wallet and Google Offers services.
PayPal is suing Google for stealing the trade secrets that allowed it to start its smartphone payment business.
Google launched its much awaited NFC-enabled mobile payment platform, Google Wallet, which enables users to make payments at the point-of-sale (POS) by merely waving the phone.
EBay and its online payment unit PayPal Inc on Thursday filed suit against Google Inc and two executives for trade secret misappropriation related to mobile payment systems.
EBay and its online payment unit, PayPal Inc, on Thursday sued Google Inc and two executives for stealing trade secrets related to mobile payment systems.
Thursday, Google officially announced the debut of Google Wallet and Google Offers mobile payment services, which could potentially threaten rival services such as Paypal, credit cards, and Groupon.
Alibaba puts Yahoo's position in China in jeopardy as it spun off its online payment service Alipay.
Sony Japan told customers today that it is moving closer to restoring services to its beleaguered Playstation Network which has been suffering from an outage for nearly a month.
Sony Japan told customers today that it is moving closer to restoring services to its beleaguered Playstation Network which has been suffering from an outage for nearly a month.
PayPal, the eBay-owned online payment system, could be set for a major boost as mobile payment systems start to take off over the next year, a survey by market research firm GfK suggests.
Wikileaks creator Julian Assange gives a rare interview and says Facebook, Google, Yahoo! have built-in interfaces for US intelligence.
EBay Inc's efforts to make its marketplaces more appealing to online shoppers paid off in the first quarter as more people bought items on its auction site, and its PayPal payment system was used by more merchants.
EBay Inc reported a higher than expected quarterly profit as more people bought items on its auction site and its PayPal payment system was used by more merchants.
When Amazon.com and eBay report quarterly results next week, investors will try to determine how well the e-commerce rivals' expensive fight for shoppers is paying off.
When Amazon.com Inc
and eBay Inc report quarterly results next week, investors will try to determine how well the e-commerce rivals' expensive fight for shoppers is paying off.
eBay brings aboard GSI for $2.4 billion.
Kansas-based Westboro Baptist Church (WBC) raised a cudgel against Anonymous, claiming that its website is under threat from the outfit known for taking down sites with Distributed Denial of Service (DDoS) attacks.
EBay Inc expects revenue at its PayPal unit to double by 2013 as it sought on Thursday to cast itself as a reinvented company and an innovator at the center of e-commerce.
EBay Inc said it expects revenue at its PayPal unit to double by 2013 as it sought on Thursday to cast itself as a reinvented company and an innovator at the center of e-commerce.
When competitors shut down payments to WikiLeaks after the controversial website released a slew of sensitive U.S. diplomatic cables, Sharif Alexandre refused to join the boycott. The Egyptian-born entrepreneur and founder of Xipwire - a Philadelphia-based mobile payments startup - stood opposed to PayPal and Amazon and let customers continue making donations via cellphones.
French telecommunications rivals Orange, SFR and Bouygues Telecom have banded together to create an Internet payment company along the lines of eBay Inc's PayPal, French newspaper Les Echos reported on its front page.
LinkedIn Corp announced plans to go public this year in what could be a test of investor appetite for social networking websites ahead of a highly anticipated Facebook offering.