PayPal vs Google(Buy)
PayPal vs Google(Buy): "pc-facile.com writes '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."

