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Reply #6: Didn't Reuters start out in Germany? Using pigeons? [View All]

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MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-12-07 11:41 AM
Response to Reply #2
6. Didn't Reuters start out in Germany? Using pigeons?
Why, I do believe they did! http://about.reuters.com/aboutus/history/innovation.asp

    Just prior to founding Reuters in 1851, Paul Julius Reuter found a niche delivering the latest news and information using the fastest technology available. In 1850 the technology was a fleet of 45 pigeons that would deliver news and stock prices between Brussels and Aachen, Germany within two hours, beating the railroad by six hours.

    Reuters founding philosophy has endured. Today Reuters supplies real-time data on 5.5 million financial records including equities, bonds and derivatives from 258 exchanges and over-the-counter markets. The company provides historical information on over 40,000 companies. In addition, on average 30,000 headlines, including third party contributions, and over eight million words are published daily in 19 languages.

    Besides serving the financial markets, Reuters information and news is used by the media worldwide, businesses and individuals. The company is the most read news source on the Internet reaching million .....The below illustrates some of the milestones that have made Reuters one of the world's leading financial information and services companies.

    1851: Paul Julius Reuter, a German born immigrant, arrives in London from Aachen where he has been running a news and stock price information service using a combination of technology including telegraph cables and a fleet of carrier pigeons that grows to exceed 200. This helps Reuter establish an enviable reputation for speed, accuracy, integrity and impartiality. (Left: Pigeon Messages)

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