GoFuckYourself.com - Adult Webmaster Forum - View Single Post - AT&T using A.C.A.C.I.A. tactics against Paypal and E-Bay

apokalyptk · 11-21-2003, 02:51 AM

http://money.cnn.com/2003/11/20/tech...ex.htm?cnn=yes

AT&T sues eBay, PayPal

Telecom says online auction site and payment service infringe on a patent it filed in 1994.
November 20, 2003: 1:59 PM EST

PHILADELPHIA (Reuters) - Long-distance telephone company AT&T Corp. said Thursday it filed a lawsuit against PayPal Inc. and eBay Inc., saying their online payment systems violated its patent on secure Internet payments.

AT&T (T: down $0.07 to $19.16, Research, Estimates) said its patent covers transactions in which a trusted intermediary securely processes payments over a communications system such as the Internet.

The use of an intermediary ensures that one party will not have to disclose sensitive information, such as a credit card number or bank account number, directly to the other party in a deal.

In the lawsuit, which was filed in federal district court in Delaware, AT&T said it notified the companies more than a year ago that they were using technology patented in 1994.

AT&T offered to license the patented technology to each of the companies, but it said eBay (EBAY: down $0.26 to $52.78, Research, Estimates) and its PayPal unit have refused to pay for a license. A copy of the lawsuit was obtained by Reuters.

11-21-2003, 02:51 AM
apokalyptk So Fucking Banned Join Date: Nov 2003 Posts: 64	AT&T using A.C.A.C.I.A. tactics against Paypal and E-Bay http://money.cnn.com/2003/11/20/tech...ex.htm?cnn=yes AT&T sues eBay, PayPal Telecom says online auction site and payment service infringe on a patent it filed in 1994. November 20, 2003: 1:59 PM EST PHILADELPHIA (Reuters) - Long-distance telephone company AT&T Corp. said Thursday it filed a lawsuit against PayPal Inc. and eBay Inc., saying their online payment systems violated its patent on secure Internet payments. AT&T (T: down $0.07 to $19.16, Research, Estimates) said its patent covers transactions in which a trusted intermediary securely processes payments over a communications system such as the Internet. The use of an intermediary ensures that one party will not have to disclose sensitive information, such as a credit card number or bank account number, directly to the other party in a deal. In the lawsuit, which was filed in federal district court in Delaware, AT&T said it notified the companies more than a year ago that they were using technology patented in 1994. AT&T offered to license the patented technology to each of the companies, but it said eBay (EBAY: down $0.26 to $52.78, Research, Estimates) and its PayPal unit have refused to pay for a license. A copy of the lawsuit was obtained by Reuters.