Ebay sued for theft of trade secrets

According to foreign media reports, the United States a company called Xprt Ventures (hereinafter referred to as "XPRT") companies to sue the court, accused of stealing its trade secrets, theft and infringement of its 6 patents, and developed a PayPal (PayPal) network payment system. Xprt at least 3.8 billion dollars in the lawsuit.

In a lawsuit filed in Tuesday to the U.S. Delaware State District Court, Xprt said EBay had "unfairly stolen" and used confidential and proprietary information from XPRT. Xprt in the lawsuit that one of the company's patent inventors has disclosed to ebay the company's proprietary information and how to implement the concept. Xprt, which owns a large number of e-commerce payment systems and methods, points out that ebay steals the idea and approach of payment and uses it in PayPal and similar electronic payment systems.

Xprt also said in the lawsuit that April 30, 2003, ebay submitted to the United States Patent and Trademark Office the "Way and method of automatic payment system for commercial Transactions" (Methods and system to automate Payment for a Commerce Transaction patent application, but did not disclose that already know Xprt submitted his patent application. Xprt filed a claim for at least 3.8 billion dollars in the lawsuit, including cash losses, three times times the loss of "intentional and malicious acts", punitive damages and other compensation.