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As expected, Google launched its NFC-payments scheme called Google Wallet an event in New York last night and, to celebrate, PayPal has launched a lawsuit against Google. PayPal claims it schooled Google in mobile payments while negotiating a deal for the search giant to use the PayPal system on Android phones, but that Google took all that lovely information and launched its own independent product. PayPal's lawsuit is all about trade secrets – corporate espionage! –
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