Thomson Reuters Corporation

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.

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.

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.

On July 6, 1898, Roy Thomson, the grandfather of the present chairman of Thomson Reuters Corporation, was born.

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.

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.

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.

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.

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.

In 1973, Reuters started providing clients with computer-terminal displays showing foreign-exchange rates.

In 1981, Reuters launched Dealing 2000, which served as a broker for the first international computerized matching service for foreign exchange rates.

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.

In 1984, Reuters became a publicly-traded company, listed on both the London Stock Exchange and NASDAQ under the name Reuters Holdings PLC.

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.

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.

Thomson Reuters established a formal applied research and development group in 1992 to further enhance their services and offerings.

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.

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.

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.

In 2002, Thomson sold its 20% stake in Bell Globemedia Inc. for $279 million to The Woodbridge Company Limited.

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.

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.

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.

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.

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.

In 2010, Thomson Reuters launched Accelus, now known as Risk Management Solutions, offering a comprehensive suite of governance, risk, and compliance solutions.

In 2011, Jim Smith was appointed as the Chief Executive Officer of Thomson Reuters.

Thomson Reuters collaborates with major financial firms to introduce the Open Messaging Network with Eikon Messenger, revolutionizing communication among financial professionals.

In October 2013, Thomson Reuters announced it would cut another 3,000 jobs, mostly in certain divisions.

ONESOURCE™ Global Trade software is launched as the world's first truly global trade automation and management solution, aiming to optimize broad data sets.

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.

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.

Reuters launched Reuters Connect in 2017, a content marketplace that offers a wide range of multimedia content from Reuters and other global media organizations.

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.

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.

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.

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.

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.

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.

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.

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.

Thomson Reuters set a goal to achieve net-zero emissions by the year 2050, showcasing their commitment to environmental sustainability.