EBay Sued for $3.8 Billion for Alleged Patent Infringement

Online auction giant eBay was hit Tuesday with a $3.8 billion patent infringement lawsuit. XPRT Ventures, which holds patents covering e-commerce payments and methods, filed suit in Delaware federal court against eBay and subsidiaries, including PayPal and StubHub. The suit alleges infringement of six XPRT patents and alleges that eBay misappropriated information provided in confidence. The …

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