More for the archive on news
isnt reuters owned by the cia?
vigilius haufniensis
Samuel Levi Josephat, (baptized Julius Reuter) was the son of a rabbi and the son-in-law of a banker. A revolutionary who fled Germany in 1848, he started the Reuters News Service in 1851. His first major client was the Rothschilds. In 1984, Reuters became a public company but control remains with the "Reuters Founders Ltd." http://about.reuters.com/aboutus/overview/independence.asp
http://about.reuters.com/investormedia/company_info/history.asp
Following a dramatic increase in profitability, Reuters was floated as a public company in 1984 on the London Stock Exchange and on NASDAQ in the US. On listing, the Company had a market capitalisation of some £700 million. Subsequently, Reuters made a series of acquisitions including Visnews (1985 - renamed Reuters Television), Instinet (1986), TIBCO (formerly Teknekron) and Quotron (both in 1994).
Reuters continued to grow rapidly, widening the range of its business products and expanding its global reporting network for media, financial and economic services. Recent key product launches include Equities 2000 (1987), Dealing 2000-2 (1992), Business Briefing (1994), Reuters Television for the financial markets (1994), 3000 Series (1996) and the Reuters 3000 Xtra service (1999).
In 1995, Reuters established its ‘Greenhouse Fund’ to take minority investments in a range of start-up technology companies, initially in the United States. In July 1999 TIBCO Software completed an IPO on NASDAQ; Reuters retains a substantial proportion of the shares. Reuters announced in early 2000 a range of major initiatives designed to accelerate its use of internet technologies, open new markets and migrate its core business to an internet-based model. In May 2001 Instinet completed an IPO on NASDAQ; Reuters retains the majority of the shares.
In October 2001 Reuters completed the largest acquisition in its history, buying most of the assets of Bridge Information Systems.