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2024-03-31 03:17:23

Thomson Reuters Corporation

Canadian multinational information conglomerate
Thomson Reuters Corporation
Thomson Reuters Corporation
Canadian multinational information conglomerate
Thomson Reuters Corporation, founded in Toronto, Canada, is majority-owned by The Woodbridge Company. It was formed through Thomson Corporation's acquisition of Reuters Group in 2008.
1800
Thomson Reuters Innovating for Customers
Thomson Reuters has been using technology to collect, organize, and enhance information for customers since the 1800s. Over time, they have incorporated artificial intelligence to help customers find the information they need.
1851
Paul Julius Reuter establishes news and stock price information service in London
In 1851, German-born immigrant Paul Julius Reuter arrives in London from Aachen and establishes a news and stock price information service. He utilizes telegraph cables and a fleet of carrier pigeons to ensure speed, accuracy, integrity, and impartiality.
1865
Reuters breaks news of Abraham Lincoln's assassination
In 1865, Reuters was the first to report on the assassination of U.S. President Abraham Lincoln, hours before its competitors. This event showcased Reuters' ability to report on stories of international importance.
1898-07-06
Birth of Roy Thomson
On July 6, 1898, Roy Thomson, the grandfather of the present chairman of Thomson Reuters Corporation, was born.
1925
Press Association acquires majority interest in Reuters
In 1925, the Press Association (PA) acquired a majority interest in Reuters, a move that solidified Reuters' position as a major news agency. This acquisition marked a significant development in the history of Reuters.
1934
Founding of Thomson Corporation
The Thomson Corporation, the predecessor of Thomson Reuters, was founded in 1934 by Roy Thomson in Ontario. It started as the publisher of The Timmins Daily Press and later expanded its media presence by acquiring newspapers, television franchises, and venturing into other industries like airlines and oil exploration.
1941
Half of Reuters sold to Newspaper Proprietors’ Association
In 1941, the Press Association (PA) sold half of Reuters to the Newspaper Proprietors’ Association, representing Britain’s national press. This marked a shift in ownership structure for Reuters.
1947
Establishment of Reuters Trust Principles
In 1947, Reuters established the Reuters Trust Principles to ensure its independence in conducting business. These principles emphasize independence, integrity, and freedom from bias in news gathering and dissemination.
1966
Thomson acquires the Kemsley Group and merges with Scottish Television and The Scotsman newspaper
In 1966, Thomson acquires the Kemsley Group, a UK publicly listed company that includes national and regional newspapers like The Sunday Times. They merge these assets with Scottish Television and The Scotsman newspaper, solidifying Roy Thomson's position as the owner of the largest number of newspapers in Canada.
1973
Reuters introduces computer-terminal displays for foreign-exchange rates
In 1973, Reuters started providing clients with computer-terminal displays showing foreign-exchange rates.
1981
Launch of Dealing 2000 by Reuters
In 1981, Reuters launched Dealing 2000, which served as a broker for the first international computerized matching service for foreign exchange rates.
1982
Reuters Monitor Dealing Service launch
In 1982, Reuters introduced the Monitor Dealing Service, allowing foreign currency dealers to conduct trades through video terminals, marking a significant milestone as the world's first of its kind.
1984
Reuters goes public
In 1984, Reuters became a publicly-traded company, listed on both the London Stock Exchange and NASDAQ under the name Reuters Holdings PLC.
1989
Formation of The Thomson Corporation
The Thomson Corporation was founded in 1989, consolidating Thomson Newspapers and International Thomson. This merger resulted in the establishment of The Thomson Corporation, a significant entity in the media and information industry.
1991
Thomson Reuters Public Records Database
Thomson Reuters introduced a comprehensive public records database in 1991, offering a vast and diverse collection of records in the United States. The database included innovative features like Concord, which facilitated accurate searches and record linking among millions of entries.
1992
Establishment of Research and Development Group
Thomson Reuters established a formal applied research and development group in 1992 to further enhance their services and offerings.
1995
Formation of Natural Language Processing (NLP) Group at Lawyers Cooperative Publishing (LCP)
In 1995, Peter Jackson joined Lawyers Cooperative Publishing (LCP) and established the natural language processing (NLP) group, focusing on research and development (R&D) in this field.
1996
Howard Turtle leads legal R&D group at Thomson Reuters
In 1996, Howard Turtle led the legal R&D group at Thomson Reuters until his retirement. He played a significant role in advancing research and development within the company.
1998
Leadership Assumption of Legal R&D Group
In 1998, Peter Jackson took over the leadership of the legal research and development (R&D) group, further advancing his role in the company's innovation efforts.
2002
Thomson sells 20% interest in Bell Globemedia Inc.
In 2002, Thomson sold its 20% stake in Bell Globemedia Inc. for $279 million to The Woodbridge Company Limited.
2003
Launch of partnership between Reuters and Chicago Mercantile Exchange (CME)
In 2003, Reuters and the Chicago Mercantile Exchange (CME) established a partnership connecting sell-side traders in the interbank FX market to the CME eFX market, introducing Reuters Trading for Fixed Income and Reuters Trading for Foreign Exchange.
2005
Promotion to Chief Research Scientist & Vice-President, Technology at Thomson Reuters
In 2005, Peter Jackson was appointed as the Chief Research Scientist & Vice-President, Technology at Thomson Reuters, showcasing his significant contributions to the company's technological advancements.
2006
Kenneth R. Thomson passes away at 82
In 2006, Kenneth R. Thomson, the former chairman of The Thomson Corporation, died at the age of 82. He played a significant role in the company's development and success during his tenure.
2008-04-17
Thomson Reuters creation through acquisition
Thomson Reuters was formed when the Thomson Corporation purchased the British company Reuters Group on April 17, 2008. The majority ownership of Thomson Reuters is held by The Woodbridge Company, which is a holding company for the Thomson family of Canada.
2009
Thomson Reuters completes the unification of its dual listed company structure
In 2009, Thomson Reuters successfully unified its dual listed company structure, with its common shares now being listed on both the New York Stock Exchange and Toronto Stock Exchange under the symbol TRI.
2010
Launch of Accelus by Thomson Reuters
In 2010, Thomson Reuters launched Accelus, now known as Risk Management Solutions, offering a comprehensive suite of governance, risk, and compliance solutions.
2011
Jim Smith appointed CEO of Thomson Reuters
In 2011, Jim Smith was appointed as the Chief Executive Officer of Thomson Reuters.
2012
Launch of Open Messaging Network with Eikon Messenger
Thomson Reuters collaborates with major financial firms to introduce the Open Messaging Network with Eikon Messenger, revolutionizing communication among financial professionals.
2013-10
Thomson Reuters Job Cuts Announcement
In October 2013, Thomson Reuters announced it would cut another 3,000 jobs, mostly in certain divisions.
2014
ONESOURCE™ Global Trade software launch
ONESOURCE™ Global Trade software is launched as the world's first truly global trade automation and management solution, aiming to optimize broad data sets.
2015
Sale of Intellectual Property & Science business
In 2015, Thomson Reuters sold its Intellectual Property & Science business. This sale involved transferring ownership of the business unit dedicated to intellectual property and scientific information.
2016
Sale of Thomson Reuters Intellectual Property & Science business unit
Thomson Reuters sold its Intellectual Property & Science business unit to Onex Corporation and Baring Private Equity Asia for $3.55 billion, as part of its strategy to focus on operating at the intersection of global commerce and regulation.
2017-11-06
Launch of Reuters Connect
Reuters launched Reuters Connect in 2017, a content marketplace that offers a wide range of multimedia content from Reuters and other global media organizations.
2018
Thomson Reuters Carbon Neutrality and Renewable Energy Goal
Thomson Reuters declared its aim to achieve carbon neutrality by the end of the year and to utilize renewable energy for all its global energy requirements by 2020, as part of its dedication to environmental sustainability.
2019-11
Thomson Reuters urged to stop providing information to ICE and Palantir
In November 2019, legal scholars and human rights activists called on Thomson Reuters to stop giving U.S. Immigration and Customs Enforcement and Palantir Technologies access to information through Westlaw, which has led to the deportation of illegal immigrants. The company representative mentioned that Thomson Reuters will assist the American government and police in criminal investigations and national security threats.
2020-04-22
Thomson Reuters commits to achieve net-zero emissions by 2050
On the 50th anniversary of Earth Day, Thomson Reuters announced its commitment to work towards achieving net-zero emissions by 2050 or sooner, aligning with global efforts to limit global temperature rise to 1.5°C above pre-industrial levels.
2021
Thomson Reuters Technology Centre Opening in Toronto
Thomson Reuters, a prominent Canadian company, revealed plans to establish a new technology center in downtown Toronto, Ontario. The initiative aims to generate around 1,500 employment opportunities.
2022
Fraud Detect Launch
Fraud Detect is a new product launched in 2022 that allows users to search volumes of data with intuitive navigation and simple filtering parameters to prevent, detect, and investigate crime.
2024-03-27
Thomson Reuters Corporation (TRI) Stock Market Data
The stock market data for Thomson Reuters Corporation (TRI) on March 27, 2024, indicated the opening price, highest price, lowest price, closing price, and trading volume.
2024-03-28
Thomson Reuters Corporation (TRI) Stock Market Data
On March 28, 2024, the stock market data for Thomson Reuters Corporation (TRI) included the opening price, highest price, lowest price, closing price, and trading volume.
2024-03-30
Thomson Reuters Corporation (TRI) Stock Market Data
The stock market data for Thomson Reuters Corporation (TRI) on March 30, 2024, showed the closing price, opening price, highest price, lowest price, and trading volume.
2050
Thomson Reuters aims for net-zero emissions by 2050
Thomson Reuters set a goal to achieve net-zero emissions by the year 2050, showcasing their commitment to environmental sustainability.
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