The news agency Reuters was created in 1851 as a stock market information service by the German Paul Julius Reuter. Reuter used telegraphy and pigeons to send messages.The company expanded into an international news agency after Reuter moved to London. It was the world's largest international news agency when it was purchased by the company Thomson in 2008, creating Thomson Reuters. Reuters' news services will continue under the division Reuters Media.
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Fast Facts
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Created in 1851 in Germany by Paul Julius Reuter
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Established in London after Reuters move the same year
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Rapidly expanded into Europe, United States and Asia
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Breaks the news in Europe of the assassination of President Abraham Lincoln in the same year
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World Presence
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Thomson bought Reuters for about $16 billion
