Paul Julius Reuter founded the agency on carrier pigeons between Aachen and Brussels in 1850, and when Thomson Corporation bought Reuters for 17 billion dollars in 2008 not a single direct descendant held a journalism job to attend the announcement
Reuters is not a newspaper, has never owned a printing press, and began life as a flock of homing pigeons. In 1850 the birds carried closing stock prices across the roughly 76-mile gap between Aachen and Brussels, the point where the German and French-Belgian telegraph lines stopped short of each other. Paul Julius Reuter set … Read more