Spend Matters Afternoon Coffee

Oracle to buy Endeca Technologies -- Software company Oracle Corp. said Tuesday that it has agreed to buy Endeca Technologies Inc., a provider of data management and Web commerce products. Financial terms were not disclosed. Based in Cambridge, Mass., Endeca provides products that help companies analyze data and gain better business intelligence. The deal is expected to close before the end of the year.

Ariba Acquires b-process, France's Largest Electronic Invoice Network -- Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, today announced that it has closed the acquisition of b-process, a privately-held provider of France's largest electronic invoice network and one of the largest e-invoicing networks in Europe. With the acquisition, Ariba further expands its global footprint and extends its leadership position in the market for e-invoicing solutions.

"Astounding levels of hanky panky."
Scandalus Olympus: ex-CEO alleges financial fraud -- Michael C. Woodford (shown above), the former CEO of Olympus, says the Japanese technology company is involved in a whole lot of financial hanky-panky. The Olympus board says the 51-year-old British national, the first non-Japanese CEO in the company's history, was a bad manager. But he claims he was forced out when he began asking questions about $1 billion in payments for acquisitions made before he took the reins. My favorite line in the scandal so far (and remember now, Olympus mostly sells cameras and medical imaging equipment): "There were $800 million in payments to buy companies making face cream and Tupperware," said Woodford. "What the hell were we doing paying $800 million for these companies?"

Who will look after the one million trees?
As City Plants Trees, Some Say a Million Are Too Many -- In a city of steel and concrete, a single tree offers a burst of green, a cooling canopy and an antidote for frayed nerves. It seems as if nobody is against one tree. But try planting a million of them. That is what New York City has been aiming to do, and as Mayor Michael R. Bloomberg installed the 500,000th tree in St. Nicholas Park in Upper Manhattan on Tuesday -- reaching the halfway point in the Million Trees campaign -- officials extolled the role of trees in making the city more sustainable. Trees help fight asthma, reduce storm water runoff, absorb carbon dioxide and lower ambient temperatures.

Sheena Moore

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