The beleaguered CEO of the struggling Internet pioneer delivers a "bold" strategic plan. She is cutting jobs, selling patents and real estate, and inviting would-be acquirers to speak up.
Several Jewish groups in Spain file a complaint with prosecutors to investigate a flood of racist tweets posted after Real Madrid lost a basketball game to Israel's Maccabi Tel Aviv team.
Researchers in Madrid are finding that body odor can help identify people in a crowd more accurately than facial recognition.
A Madrid-based couple has created a series of tiles to add a cool, sound-deadening flair to any room. Arrange them right and they'll look like the side of a dragon.
The first intelligent pavement with its own operating system and suite of apps is set to debut in Dubai and Madrid this year.
Spanish bank introduces knee-high, autonomous guide robots to escort visitors at its Madrid HQ. Designers call it one of the first commercial applications of swarm robotics.
On the occasion of the "clasico" between Barcelona and Madrid, I am wondering what can make the difference when two equally star-studded soccer teams compete. I think I have found the answer: innovation. The more innovative team won the past games, and th
Police accuse Madrid man of writing a virus that is capable of spying on people in their bedrooms through their Webcams.
Telecommunications carrier Level 3 Communications said Tuesday that it will expand its network in Europe by leasing capacity from other carriers. The company plans to start offering services in eight European cities next year, bringing the total to 17. The cities include Geneva; Madrid, Spain; Milan, Italy; Stockholm, Sweden; and Zurich, Switzerland; as well as Cologne, Karlsruhe and Stuttgart in Germany. The company's present 3,600-mile network connects Amsterdam, Netherlands; Brussels, Belgium; London and Paris, along with the German cities of Frankfurt, Dusseldorf, Hamburg, Berlin and Munich. Level 3 chose to lease the high-speed fiber-optic cable lines in response to customer demand and as a cheaper option over building them. The troubled company reported a third-quarter net loss of $531 million, or $1.42 a share, on revenue of $375 million vs. a loss of $351 million, or 96 cents a share, and $341 million in revenue a year ago. The company had $1.49 billion in cash.
Internet consulting company Proxicom has opened a London office, Proxicom UK. The Reston, Va.-based company said Proxicom UK will operate as a wholly owned subsidiary and will concentrate on expanding business within its financial services practice. The London office is the company's fourth opening in Europe. Proxicom currently has offices in Munich, Rome and Madrid.