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Roy Thomson established the first publication for the Thomson company, The Timmins Daily Press, in 1934.
Answer: True
Explanation: The Thomson company's forerunner was established in 1934 by Roy Thomson in Ontario, Canada, with its first publication being The Timmins Daily Press.
The Thomson company's first publication was The London Times.
Answer: False
Explanation: The Thomson company's initial publication was The Timmins Daily Press, established in 1934.
Reuters Group was founded in 1851 by Paul Julius Reuter in Paris.
Answer: False
Explanation: Reuters Group was founded in 1851 by Paul Julius Reuter in London, not Paris.
Thomson Reuters acquired Thomson Newspapers in 1989 to form the Thomson Corporation.
Answer: True
Explanation: The Thomson Corporation was formed in 1989 through the merger of Thomson Newspapers with Thomson British. This preceded the later acquisition of Reuters Group.
What was the initial business focus of Reuters Group when it was founded in 1851?
Answer: Transmitting stock market quotations.
Explanation: Reuters Group's initial business focus in 1851 was the transmission of stock market quotations, establishing a crucial link for financial markets.
Which significant newspaper did Roy Thomson acquire in 1967?
Answer: The Times
Explanation: In 1967, Roy Thomson acquired The Times newspaper, a significant addition to his media holdings.
What was the initial business of the Thomson company when founded by Roy Thomson?
Answer: Newspaper publishing
Explanation: The Thomson company, founded by Roy Thomson, initially focused on newspaper publishing, commencing with The Timmins Daily Press.
Thomson Reuters Corporation was founded in the 19th century.
Answer: False
Explanation: Thomson Reuters Corporation was officially established on April 17, 2008, not in the 19th century.
Thomson Reuters unified its dual-listed company structure in 2009, delisting from the London Stock Exchange and NASDAQ.
Answer: True
Explanation: In 2009, Thomson Reuters unified its corporate structure by delisting from the London Stock Exchange and NASDAQ, consolidating its listings on the New York Stock Exchange and Toronto Stock Exchange.
What were the two predecessor companies that merged to form Thomson Reuters Corporation?
Answer: Thomson Corporation and Reuters Group
Explanation: Thomson Reuters Corporation was formed through the acquisition of Reuters Group by Thomson Corporation.
When was Thomson Reuters Corporation officially established?
Answer: April 17, 2008
Explanation: Thomson Reuters Corporation was officially established on April 17, 2008, following the acquisition of Reuters Group by Thomson Corporation.
How did Thomson Reuters unify its corporate structure in 2009?
Answer: By delisting from the London Stock Exchange and NASDAQ, maintaining listings on the NYSE and TSX.
Explanation: Thomson Reuters unified its dual-listed company structure in 2009 by delisting from the London Stock Exchange and NASDAQ, thereby maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
What was the initial corporate structure of Thomson Reuters immediately after the acquisition of Reuters Group?
Answer: A dual-listed company (DLC) structure with two parent entities.
Explanation: Immediately following the acquisition of Reuters Group, Thomson Reuters adopted a dual-listed company (DLC) structure, comprising two publicly traded parent entities.
Thomson Reuters Corporation acquired Reuters Group in 2009.
Answer: False
Explanation: Thomson Corporation acquired Reuters Group in 2008, leading to the formation of Thomson Reuters Corporation.
In 2018, the Financial & Risk division was the largest revenue generator for Thomson Reuters.
Answer: True
Explanation: In 2018, the Financial & Risk division accounted for more than half of Thomson Reuters' total revenue, making it the largest revenue generator.
The European Commission approved the Thomson-Reuters merger in February 2008 without any conditions.
Answer: False
Explanation: The European Commission approved the merger in February 2008, but it was contingent upon minor divestments, not without conditions.
Thomson Reuters divested its Healthcare division in 2012 to Veritas Capital.
Answer: True
Explanation: In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which subsequently rebranded it as Truven Health Analytics.
Clarivate was formerly known as the Financial & Risk division of Thomson Reuters.
Answer: False
Explanation: Clarivate was formerly known as the Intellectual Property and Science division of Thomson Reuters, not the Financial & Risk division.
Thomson Reuters completed over 200 acquisitions between 2008 and 2018.
Answer: True
Explanation: During the period from 2008 to 2018, Thomson Reuters engaged in a strategy of significant growth through acquisitions, completing more than 200 such transactions.
In 2013, Thomson Reuters announced significant job cuts, reducing its workforce by approximately 5,500 positions.
Answer: True
Explanation: In 2013, Thomson Reuters implemented substantial workforce reductions, totaling approximately 5,500 positions across its divisions.
Thomson Reuters acquired FX Alliance Inc. in July 2012 to enhance its legal research services.
Answer: False
Explanation: The acquisition of FX Alliance Inc. in July 2012 was intended to strengthen Thomson Reuters' electronic foreign exchange trading services, not its legal research services.
Thomson Reuters' Financial and Risk unit was divested in 2018 to Blackstone Group, forming a joint venture named Refinitiv.
Answer: True
Explanation: In 2018, Thomson Reuters divested its Financial and Risk unit to Blackstone Group, establishing a joint venture known as Refinitiv, in which Thomson Reuters retained a minority stake.
The acquisition of Casetext by Thomson Reuters in June 2023 was valued at $650 million.
Answer: True
Explanation: Thomson Reuters acquired Casetext, an AI technology provider for legal professionals, in June 2023 for $650 million.
Thomson Reuters acquired West Publishing in 1996, a company known for its legal research services including the Westlaw platform.
Answer: True
Explanation: The acquisition of West Publishing in 1996 significantly bolstered Thomson Reuters' legal research capabilities, particularly through its prominent Westlaw platform.
What major legal entity did Thomson Corporation acquire in 1996, known for the Westlaw platform?
Answer: West Publishing
Explanation: In 1996, Thomson Corporation acquired West Publishing, a company renowned for its legal research services, including the widely used Westlaw platform.
Which division of Thomson Reuters was identified as the largest revenue generator in 2018?
Answer: Financial & Risk
Explanation: In 2018, the Financial & Risk division represented the largest portion of Thomson Reuters' revenue.
What action did Thomson Reuters take regarding its Healthcare division in 2012?
Answer: It divested the division to Veritas Capital.
Explanation: In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which subsequently rebranded it as Truven Health Analytics.
What was the approximate value of the Intellectual Property and Science division when it was sold in 2016?
Answer: US$3.55 billion
Explanation: In 2016, Thomson Reuters sold its Intellectual Property and Science division for approximately US$3.55 billion.
What was the strategic purpose behind Thomson Reuters acquiring FX Alliance Inc. in July 2012?
Answer: To strengthen its electronic foreign exchange trading services.
Explanation: The acquisition of FX Alliance Inc. was strategically aimed at enhancing Thomson Reuters' electronic foreign exchange trading services for corporate and asset management clients.
Which company acquired Thomson Reuters' Financial and Risk unit in 2018, leading to the creation of Refinitiv?
Answer: Blackstone Group
Explanation: Blackstone Group acquired Thomson Reuters' Financial and Risk unit in 2018, subsequently forming the entity known as Refinitiv.
What was the acquisition price for Casetext by Thomson Reuters in June 2023?
Answer: US$650 million
Explanation: Thomson Reuters acquired Casetext in June 2023 for an acquisition price of US$650 million.
What happened to Truven Health Analytics after IBM acquired it in February 2016?
Answer: It was integrated into IBM's Watson Health unit.
Explanation: Following IBM's acquisition of Truven Health Analytics in February 2016, it was integrated into IBM's Watson Health unit.
What was the strategic rationale behind Thomson Reuters' acquisition of Dr Tax in January 2012?
Answer: To strengthen its position in the Canadian tax and accounting software market.
Explanation: The acquisition of Dr Tax in January 2012 was strategically undertaken to enhance Thomson Reuters' presence and offerings within the Canadian tax and accounting software sector.
Which of the following is NOT listed as a division of Thomson Reuters in 2018?
Answer: Healthcare
Explanation: In 2018, Thomson Reuters operated divisions including Legal, Reuters News Agency, Tax & Accounting, and Government. The Healthcare division had been divested in 2012.
David Thomson serves as the President and CEO of Thomson Reuters Corporation.
Answer: False
Explanation: David Thomson serves as the Chairman of Thomson Reuters Corporation; Steve Hasker is the President and CEO.
The Woodbridge Company, representing the Thomson family, holds a minority stake in Thomson Reuters Corporation.
Answer: False
Explanation: The Woodbridge Company, representing the Thomson family, holds a majority stake (67.1%) in Thomson Reuters Corporation.
Who currently holds the positions of Chairman and President/CEO at Thomson Reuters Corporation?
Answer: David Thomson (Chairman) and Steve Hasker (CEO)
Explanation: David Thomson serves as the Chairman, and Steve Hasker holds the positions of President and CEO of Thomson Reuters Corporation.
Which entity is the majority owner of Thomson Reuters Corporation?
Answer: The Woodbridge Company, representing the Thomson family
Explanation: The Woodbridge Company, which serves as the holding entity for the Thomson family, is the majority owner of Thomson Reuters Corporation.
Thomson Reuters Corporation is headquartered in London, United Kingdom.
Answer: False
Explanation: Thomson Reuters Corporation is headquartered in Toronto, Ontario, Canada.
Thomson Reuters Corporation operates on both the Toronto Stock Exchange and the New York Stock Exchange.
Answer: False
Explanation: Thomson Reuters Corporation operates on the Toronto Stock Exchange (TSX) and the Nasdaq stock exchange, not the New York Stock Exchange (NYSE).
Thomson Reuters' 2024 revenue was reported as approximately US$2.109 billion.
Answer: False
Explanation: Thomson Reuters reported revenue of US$7.258 billion in 2024. The figure US$2.109 billion represents its operating income for that year.
Thomson Reuters' intention to transfer its US stock listing from the NYSE to Nasdaq was announced in February 2025.
Answer: True
Explanation: In February 2025, Thomson Reuters announced plans to transfer its US stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.
On which stock exchanges can Thomson Reuters Corporation shares be traded?
Answer: Toronto Stock Exchange and Nasdaq
Explanation: Thomson Reuters Corporation shares are traded on the Toronto Stock Exchange (TSX) and the Nasdaq stock exchange.
What was the reported revenue of Thomson Reuters Corporation in 2024?
Answer: US$7.258 billion
Explanation: In 2024, Thomson Reuters reported total revenue of US$7.258 billion.
How many employees did Thomson Reuters Corporation have worldwide in 2024?
Answer: 26,400
Explanation: In 2024, Thomson Reuters Corporation employed a global workforce of 26,400 individuals.
What significant change did Thomson Reuters announce in February 2025 regarding its US stock listing?
Answer: It intended to transfer its US listing from the NYSE to the Nasdaq Global Select Market.
Explanation: In February 2025, Thomson Reuters announced its intention to transfer its US stock listing from the New York Stock Exchange to the Nasdaq Global Select Market.
Thomson Reuters' primary competitor in aggregating financial and legal news is Bloomberg L.P.
Answer: True
Explanation: Bloomberg L.P. is identified as Thomson Reuters' principal competitor in the aggregation of financial and legal news.
The CLEAR database is primarily used for academic research and data archiving.
Answer: False
Explanation: The CLEAR database is utilized by law enforcement, corporate security, and fraud investigators for compiling and analyzing personal and identifying data, not primarily for academic research.
The 'Authority control databases' section in the article provides links to cataloging systems like ISNI and VIAF to identify Thomson Reuters as an entity.
Answer: True
Explanation: The 'Authority control databases' section links to systems like ISNI and VIAF, which are used to identify and manage Thomson Reuters as a distinct entity, ensuring data consistency.
What is the primary business focus of Thomson Reuters Corporation?
Answer: Providing content-driven technology solutions in mass media.
Explanation: Thomson Reuters Corporation is primarily focused on providing content-driven technology solutions within the mass media and information services sectors.
What is the stated purpose of the CLEAR database operated by Thomson Reuters?
Answer: To compile personal and identifying data for law enforcement and security investigations.
Explanation: The CLEAR database is utilized by law enforcement and security professionals to compile and analyze personal and identifying data for investigative purposes.
Which of the following is listed as a legal entity under Thomson Reuters in the provided navboxes?
Answer: Westlaw
Explanation: Westlaw is identified as a legal entity operating under the Thomson Reuters umbrella, as indicated in the provided navboxes.
Reuters journalists expressed concerns that the company's journalism might be overshadowed by its financial data operations following the Thomson acquisition.
Answer: True
Explanation: Following the acquisition by Thomson, Reuters journalists voiced concerns regarding the potential for the company's journalism to be overshadowed by its financial data operations.
The original Reuters ownership principle allowed any single entity to own up to 25% of the company to ensure neutrality.
Answer: False
Explanation: The original Reuters ownership principle stipulated that no single entity could own more than 15% of the company to safeguard its neutrality.
Thomson Reuters' response to criticism regarding data provision to ICE was that it would cease such activities to protect privacy.
Answer: False
Explanation: Thomson Reuters stated that it supports the American government and police in active criminal investigations and in addressing threats to national security or public safety, rather than ceasing activities.
In 2020, Reuters journalists mistakenly identified an Indian businessman as a suspect in a report about a hack-for-hire company.
Answer: True
Explanation: In 2020, Reuters journalists committed an error of mistaken identity, incorrectly identifying an Indian businessman in a report concerning a hack-for-hire company.
What was the primary concern voiced by Reuters journalists regarding the Thomson acquisition?
Answer: That their journalism might be overshadowed by financial data operations.
Explanation: A primary concern expressed by Reuters journalists was the potential for the company's journalism to be overshadowed by its extensive financial data operations following the acquisition.
What was the original Reuters ownership principle designed to ensure?
Answer: Neutrality and prevention of single-entity control.
Explanation: The original Reuters ownership principle was established to ensure the company's neutrality and prevent control by any single entity.
Thomson Reuters' official response to criticism regarding its data provision to ICE cited its support for which entities?
Answer: The American government and police in investigations
Explanation: In response to criticism, Thomson Reuters stated its support for the American government and police in active criminal investigations and matters of national security or public safety.
Which of the following was a key commitment made by Thomson Reuters to the European Commission in December 2012 regarding market data?
Answer: To offer a new license (ERL) allowing RICs with competing data providers.
Explanation: A key commitment made to the European Commission in December 2012 was the creation of a new license (ERL) that would permit the use of Reuters Instrument Codes (RICs) with data from competing providers.