Monday, February 06, 2006
PayPal vs Google(Buy)
While Google Chief Executive Eric Schmidt confirmed in press accounts that the company was building a payment service, Mr. Schmidt also denied it would directly compete with PayPal. Mr. Schmidt said Google didn't intend to offer a "person-to-person, stored-value payments system," which many people consider a description of PayPal's service. Mr. Jordan (PayPal chief) says he and his team immediately "dissected the wording" of Google's statements. He says he doesn't believe Mr. Schmidt..." There's also a more in depth WSJ article about the service.
source:http://slashdot.org/articles/06/02/06/1429254.shtml
source:http://slashdot.org/articles/06/02/06/1429254.shtml
# posted by dark master : 2/06/2006 10:03:00 AM
