The availability of Google Wallet will be announced within weeks. The service will work on PayPass terminals already deployed in stores, though some of the terminals will need an upgrade to work with the applications
The Internet search giant may not be hiring as fast as it once did, but Google appears not worried to take on new projects. In the words of CEO Eric Schmidt:
The Canada Pension Plan Investment Board and other private investors purchase Skype's Voice-over-IP service from Ebay for US$2.7 billion. This is one deal that is definitely not going through PayPal...