Monday, September 1, 2008

Reuters! Friend or Foe?


This semester I will be following the news and media of the 2008 Presidential election by the Reuters website. Reuters, British based news, merged with the Thomson company in 2008 becoming the Thompson Reuters Company. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. The Thomson Reuters headquarters are based in New York City, New York and they have approximately 50,000 employees in 96 countries.

It all started in 1850 when Paul Julius Reuter began using the newly opened Berlin–Aachen telegraph line to send news. After years in business, his corporation built such a reputation, that they were known to be the first to report news scoops from abroad, like the news of Abraham Lincoln's assassination. After many decades of progress, almost every major news outlet in the world subscribes to the Reuters company's services. It operates in at least 200 cities in 96 countries, supplying news text in about 20 languages.

On May 15, 2007, The Thomson Company reached an agreement with the Reuters Company to combine the two companies which valued $17.5 billion. The Thomson Company owns about %53 of the company but Tom Glocer, former head of Reuters, is still the chief of the company.

If you would like to learn more or just get a glance of what Thomson Reuters has done in the past, go to http://thomsonreuters.com/about/company_history/.

Information found at:
http://www.reuters.com/
http://www.wikipedia.com/

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