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Thomson Reuters Corporation: History, Operations, and Market Position

At a Glance

Title: Thomson Reuters Corporation: History, Operations, and Market Position

Total Categories: 7

Category Stats

  • Origins and Foundation: 9 flashcards, 7 questions
  • Merger and Corporate Structure: 5 flashcards, 6 questions
  • Major Business Transactions: 15 flashcards, 21 questions
  • Leadership and Ownership: 6 flashcards, 4 questions
  • Financials and Operations: 7 flashcards, 8 questions
  • Products, Services, and Market Position: 9 flashcards, 6 questions
  • Journalism, Ethics, and Controversies: 9 flashcards, 8 questions

Total Stats

  • Total Flashcards: 60
  • True/False Questions: 30
  • Multiple Choice Questions: 30
  • Total Questions: 60

Instructions

Click the button to expand the instructions for how to use the Wiki2Web Teacher studio in order to print, edit, and export data about Thomson Reuters Corporation: History, Operations, and Market Position

Welcome to Your Curriculum Command Center

This guide will turn you into a Wiki2web Studio power user. Let's unlock the features designed to give you back your weekends.

The Core Concept: What is a "Kit"?

Think of a Kit as your all-in-one digital lesson plan. It's a single, portable file that contains every piece of content for a topic: your subject categories, a central image, all your flashcards, and all your questions. The true power of the Studio is speed—once a kit is made (or you import one), you are just minutes away from printing an entire set of coursework.

Getting Started is Simple:

  • Create New Kit: Start with a clean slate. Perfect for a brand-new lesson idea.
  • Import & Edit Existing Kit: Load a .json kit file from your computer to continue your work or to modify a kit created by a colleague.
  • Restore Session: The Studio automatically saves your progress in your browser. If you get interrupted, you can restore your unsaved work with one click.

Step 1: Laying the Foundation (The Authoring Tools)

This is where you build the core knowledge of your Kit. Use the left-side navigation panel to switch between these powerful authoring modules.

⚙️ Kit Manager: Your Kit's Identity

This is the high-level control panel for your project.

  • Kit Name: Give your Kit a clear title. This will appear on all your printed materials.
  • Master Image: Upload a custom cover image for your Kit. This is essential for giving your content a professional visual identity, and it's used as the main graphic when you export your Kit as an interactive game.
  • Topics: Create the structure for your lesson. Add topics like "Chapter 1," "Vocabulary," or "Key Formulas." All flashcards and questions will be organized under these topics.

🃏 Flashcard Author: Building the Knowledge Blocks

Flashcards are the fundamental concepts of your Kit. Create them here to define terms, list facts, or pose simple questions.

  • Click "➕ Add New Flashcard" to open the editor.
  • Fill in the term/question and the definition/answer.
  • Assign the flashcard to one of your pre-defined topics.
  • To edit or remove a flashcard, simply use the ✏️ (Edit) or ❌ (Delete) icons next to any entry in the list.

✍️ Question Author: Assessing Understanding

Create a bank of questions to test knowledge. These questions are the engine for your worksheets and exams.

  • Click "➕ Add New Question".
  • Choose a Type: True/False for quick checks or Multiple Choice for more complex assessments.
  • To edit an existing question, click the ✏️ icon. You can change the question text, options, correct answer, and explanation at any time.
  • The Explanation field is a powerful tool: the text you enter here will automatically appear on the teacher's answer key and on the Smart Study Guide, providing instant feedback.

🔗 Intelligent Mapper: The Smart Connection

This is the secret sauce of the Studio. The Mapper transforms your content from a simple list into an interconnected web of knowledge, automating the creation of amazing study guides.

  • Step 1: Select a question from the list on the left.
  • Step 2: In the right panel, click on every flashcard that contains a concept required to answer that question. They will turn green, indicating a successful link.
  • The Payoff: When you generate a Smart Study Guide, these linked flashcards will automatically appear under each question as "Related Concepts."

Step 2: The Magic (The Generator Suite)

You've built your content. Now, with a few clicks, turn it into a full suite of professional, ready-to-use materials. What used to take hours of formatting and copying-and-pasting can now be done in seconds.

🎓 Smart Study Guide Maker

Instantly create the ultimate review document. It combines your questions, the correct answers, your detailed explanations, and all the "Related Concepts" you linked in the Mapper into one cohesive, printable guide.

📝 Worksheet & 📄 Exam Builder

Generate unique assessments every time. The questions and multiple-choice options are randomized automatically. Simply select your topics, choose how many questions you need, and generate:

  • A Student Version, clean and ready for quizzing.
  • A Teacher Version, complete with a detailed answer key and the explanations you wrote.

🖨️ Flashcard Printer

Forget wrestling with table layouts in a word processor. Select a topic, choose a cards-per-page layout, and instantly generate perfectly formatted, print-ready flashcard sheets.

Step 3: Saving and Collaborating

  • 💾 Export & Save Kit: This is your primary save function. It downloads the entire Kit (content, images, and all) to your computer as a single .json file. Use this to create permanent backups and share your work with others.
  • ➕ Import & Merge Kit: Combine your work. You can merge a colleague's Kit into your own or combine two of your lessons into a larger review Kit.

You're now ready to reclaim your time.

You're not just a teacher; you're a curriculum designer, and this is your Studio.

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Text content is available under the Creative Commons Attribution-ShareAlike 4.0 License (opens in new tab). Additional terms may apply.

Disclaimer: This website is for informational purposes only and does not constitute any kind of advice. The information is not a substitute for consulting official sources or records or seeking advice from qualified professionals.


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Study Guide: Thomson Reuters Corporation: History, Operations, and Market Position

Study Guide: Thomson Reuters Corporation: History, Operations, and Market Position

Origins and Foundation

Roy Thomson established the first publication for the Thomson company, The Timmins Daily Press, in 1934.

Answer: True

The Thomson company's forerunner was established in 1934 by Roy Thomson in Ontario, Canada, with its first publication being The Timmins Daily Press.

Related Concepts:

  • What was the initial business focus of the Thomson company when it was founded by Roy Thomson?: The Thomson company, founded by Roy Thomson in 1934, initially focused on newspaper publishing, beginning with The Timmins Daily Press.
  • What was the origin of the Thomson company?: The Thomson company's forerunner was established in 1934 by Roy Thomson in Ontario, Canada, and its first publication was The Timmins Daily Press.

The Thomson company's first publication was The London Times.

Answer: False

The Thomson company's initial publication was The Timmins Daily Press, established in 1934.

Related Concepts:

  • What was the origin of the Thomson company?: The Thomson company's forerunner was established in 1934 by Roy Thomson in Ontario, Canada, and its first publication was The Timmins Daily Press.
  • What was the initial business focus of the Thomson company when it was founded by Roy Thomson?: The Thomson company, founded by Roy Thomson in 1934, initially focused on newspaper publishing, beginning with The Timmins Daily Press.
  • How did the Thomson Corporation restructure after Roy Thomson's passing?: After Roy Thomson's death, the company divested its national newspapers, including The Times and The Sunday Times, in 1981. It then focused on publishing, acquiring Sweet & Maxwell in 1988, and subsequently merged with Thomson Newspapers in 1989 to form the Thomson Corporation.

Reuters Group was founded in 1851 by Paul Julius Reuter in Paris.

Answer: False

Reuters Group was founded in 1851 by Paul Julius Reuter in London, not Paris.

Related Concepts:

  • When was Reuters Group founded, and what was its initial business focus?: Reuters Group was founded in 1851 by Paul Julius Reuter in London. Its initial business was focused on transmitting stock market quotations, establishing a contract with the London Stock Exchange in October 1851.
  • What was the initial business objective of Reuters Group upon its founding?: Reuters Group was founded with the primary objective of transmitting stock market quotations, connecting financial markets across continents.
  • How did Reuters Group expand its services and product offerings in the late 20th century?: Reuters Group experienced substantial growth in the 1980s, broadening its business products and global reporting network. Key product launches included Equities 2000 (1987), Dealing 2000-2 (1992), Business Briefing (1994), Reuters Television for financial markets (1994), the 3000 Series (1996), and the Reuters 3000 Xtra service (1999).

Thomson Reuters acquired Thomson Newspapers in 1989 to form the Thomson Corporation.

Answer: True

The Thomson Corporation was formed in 1989 through the merger of Thomson Newspapers with Thomson British. This preceded the later acquisition of Reuters Group.

Related Concepts:

  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • When was Thomson Reuters Corporation officially established?: Thomson Reuters Corporation was officially founded on April 17, 2008.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.

What was the initial business focus of Reuters Group when it was founded in 1851?

Answer: Transmitting stock market quotations.

Reuters Group's initial business focus in 1851 was the transmission of stock market quotations, establishing a crucial link for financial markets.

Related Concepts:

  • When was Reuters Group founded, and what was its initial business focus?: Reuters Group was founded in 1851 by Paul Julius Reuter in London. Its initial business was focused on transmitting stock market quotations, establishing a contract with the London Stock Exchange in October 1851.
  • What was the initial business objective of Reuters Group upon its founding?: Reuters Group was founded with the primary objective of transmitting stock market quotations, connecting financial markets across continents.
  • How did Reuters Group expand its services and product offerings in the late 20th century?: Reuters Group experienced substantial growth in the 1980s, broadening its business products and global reporting network. Key product launches included Equities 2000 (1987), Dealing 2000-2 (1992), Business Briefing (1994), Reuters Television for financial markets (1994), the 3000 Series (1996), and the Reuters 3000 Xtra service (1999).

Which significant newspaper did Roy Thomson acquire in 1967?

Answer: The Times

In 1967, Roy Thomson acquired The Times newspaper, a significant addition to his media holdings.

Related Concepts:

  • What was the origin of the Thomson company?: The Thomson company's forerunner was established in 1934 by Roy Thomson in Ontario, Canada, and its first publication was The Timmins Daily Press.
  • What was the initial business focus of the Thomson company when it was founded by Roy Thomson?: The Thomson company, founded by Roy Thomson in 1934, initially focused on newspaper publishing, beginning with The Timmins Daily Press.

What was the initial business of the Thomson company when founded by Roy Thomson?

Answer: Newspaper publishing

The Thomson company, founded by Roy Thomson, initially focused on newspaper publishing, commencing with The Timmins Daily Press.

Related Concepts:

  • What was the initial business focus of the Thomson company when it was founded by Roy Thomson?: The Thomson company, founded by Roy Thomson in 1934, initially focused on newspaper publishing, beginning with The Timmins Daily Press.
  • What was the origin of the Thomson company?: The Thomson company's forerunner was established in 1934 by Roy Thomson in Ontario, Canada, and its first publication was The Timmins Daily Press.

Merger and Corporate Structure

Thomson Reuters Corporation was founded in the 19th century.

Answer: False

Thomson Reuters Corporation was officially established on April 17, 2008, not in the 19th century.

Related Concepts:

  • When was Thomson Reuters Corporation officially established?: Thomson Reuters Corporation was officially founded on April 17, 2008.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • What was the corporate structure of Thomson Reuters immediately following the acquisition of Reuters?: Upon its formation on April 17, 2008, Thomson Reuters operated under a dual-listed company (DLC) structure, comprising two publicly traded parent entities: Thomson Reuters Corporation and Thomson Reuters plc.

Thomson Reuters unified its dual-listed company structure in 2009, delisting from the London Stock Exchange and NASDAQ.

Answer: True

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.

Related Concepts:

  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What was the corporate structure of Thomson Reuters immediately following the acquisition of Reuters?: Upon its formation on April 17, 2008, Thomson Reuters operated under a dual-listed company (DLC) structure, comprising two publicly traded parent entities: Thomson Reuters Corporation and Thomson Reuters plc.
  • What was the initial corporate structure of Thomson Reuters after the Reuters acquisition?: Initially, Thomson Reuters operated under a dual-listed company (DLC) structure, with two parent companies, Thomson Reuters Corporation and Thomson Reuters plc, both publicly traded.

What were the two predecessor companies that merged to form Thomson Reuters Corporation?

Answer: Thomson Corporation and Reuters Group

Thomson Reuters Corporation was formed through the acquisition of Reuters Group by Thomson Corporation.

Related Concepts:

  • What were the two main companies that merged to form Thomson Reuters Corporation?: Thomson Reuters Corporation was formed when Thomson Corporation acquired Reuters Group. Thus, the predecessor companies are Thomson Corporation and Reuters Group.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • What was the initial corporate structure of Thomson Reuters after the Reuters acquisition?: Initially, Thomson Reuters operated under a dual-listed company (DLC) structure, with two parent companies, Thomson Reuters Corporation and Thomson Reuters plc, both publicly traded.

When was Thomson Reuters Corporation officially established?

Answer: April 17, 2008

Thomson Reuters Corporation was officially established on April 17, 2008, following the acquisition of Reuters Group by Thomson Corporation.

Related Concepts:

  • When was Thomson Reuters Corporation officially established?: Thomson Reuters Corporation was officially founded on April 17, 2008.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • What was the corporate structure of Thomson Reuters immediately following the acquisition of Reuters?: Upon its formation on April 17, 2008, Thomson Reuters operated under a dual-listed company (DLC) structure, comprising two publicly traded parent entities: Thomson Reuters Corporation and Thomson Reuters plc.

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.

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.

Related Concepts:

  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What was the corporate structure of Thomson Reuters immediately following the acquisition of Reuters?: Upon its formation on April 17, 2008, Thomson Reuters operated under a dual-listed company (DLC) structure, comprising two publicly traded parent entities: Thomson Reuters Corporation and Thomson Reuters plc.
  • How was Thomson Reuters organized into divisions as of 2018?: As of 2018, Thomson Reuters operated through four primary divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.

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.

Immediately following the acquisition of Reuters Group, Thomson Reuters adopted a dual-listed company (DLC) structure, comprising two publicly traded parent entities.

Related Concepts:

  • What was the initial corporate structure of Thomson Reuters after the Reuters acquisition?: Initially, Thomson Reuters operated under a dual-listed company (DLC) structure, with two parent companies, Thomson Reuters Corporation and Thomson Reuters plc, both publicly traded.
  • What was the corporate structure of Thomson Reuters immediately following the acquisition of Reuters?: Upon its formation on April 17, 2008, Thomson Reuters operated under a dual-listed company (DLC) structure, comprising two publicly traded parent entities: Thomson Reuters Corporation and Thomson Reuters plc.
  • What were the two main companies that merged to form Thomson Reuters Corporation?: Thomson Reuters Corporation was formed when Thomson Corporation acquired Reuters Group. Thus, the predecessor companies are Thomson Corporation and Reuters Group.

Major Business Transactions

Thomson Reuters Corporation acquired Reuters Group in 2009.

Answer: False

Thomson Corporation acquired Reuters Group in 2008, leading to the formation of Thomson Reuters Corporation.

Related Concepts:

  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • Approximately how many acquisitions did Thomson Reuters complete between 2008 and 2018?: Thomson Reuters completed more than 200 acquisitions during the period from 2008 to 2018, indicating a highly acquisitive strategy.

In 2018, the Financial & Risk division was the largest revenue generator for Thomson Reuters.

Answer: True

In 2018, the Financial & Risk division accounted for more than half of Thomson Reuters' total revenue, making it the largest revenue generator.

Related Concepts:

  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.
  • How was Thomson Reuters organized into divisions as of 2018?: As of 2018, Thomson Reuters operated through four primary divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.
  • Which company acquired Thomson Reuters' Financial and Risk unit in 2018, and what was the new entity named?: In 2018, the Financial and Risk unit was divested to Blackstone Group, and the resulting joint venture was branded as Refinitiv. Thomson Reuters retained a 45% stake and the Reuters brand.

The European Commission approved the Thomson-Reuters merger in February 2008 without any conditions.

Answer: False

The European Commission approved the merger in February 2008, but it was contingent upon minor divestments, not without conditions.

Related Concepts:

  • Which regulatory bodies reviewed the Thomson-Reuters merger, and what was the outcome?: The Thomson-Reuters merger was reviewed by the U.S. Department of Justice and the European Commission. Both bodies approved the merger in February 2008, contingent upon minor divestments. The Canadian Competition Bureau also provided clearance.
  • What antitrust concerns did the European Commission investigate regarding Thomson Reuters' market practices in 2009?: In November 2009, the European Commission initiated formal antitrust proceedings to investigate Thomson Reuters for potential abuse of a dominant market position. The focus was on the company's handling of real-time market datafeeds and the use of Reuters Instrument Codes (RICs), specifically whether competitors were hindered in mapping these codes to alternative identifiers.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.

Thomson Reuters divested its Healthcare division in 2012 to Veritas Capital.

Answer: True

In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which subsequently rebranded it as Truven Health Analytics.

Related Concepts:

  • What happened to Thomson Reuters' Healthcare division in 2012?: In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which then rebranded the business as Truven Health Analytics.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.
  • What was the financial value of the Intellectual Property and Science division sale by Thomson Reuters in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion.

Clarivate was formerly known as the Financial & Risk division of Thomson Reuters.

Answer: False

Clarivate was formerly known as the Intellectual Property and Science division of Thomson Reuters, not the Financial & Risk division.

Related Concepts:

  • What was the former name of the Clarivate division of Thomson Reuters, and when did it become independent?: Clarivate was previously known as the Intellectual Property and Science division of Thomson Reuters and was also known as Thomson Scientific before 2008. It was spun off as an independent company in 2016.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.
  • Which company acquired Thomson Reuters' Financial and Risk unit in 2018, and what was the new entity named?: In 2018, the Financial and Risk unit was divested to Blackstone Group, and the resulting joint venture was branded as Refinitiv. Thomson Reuters retained a 45% stake and the Reuters brand.

Thomson Reuters completed over 200 acquisitions between 2008 and 2018.

Answer: True

During the period from 2008 to 2018, Thomson Reuters engaged in a strategy of significant growth through acquisitions, completing more than 200 such transactions.

Related Concepts:

  • Approximately how many acquisitions did Thomson Reuters complete between 2008 and 2018?: Thomson Reuters completed more than 200 acquisitions during the period from 2008 to 2018, indicating a highly acquisitive strategy.
  • What was the financial value of the Intellectual Property and Science division sale by Thomson Reuters in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.

In 2013, Thomson Reuters announced significant job cuts, reducing its workforce by approximately 5,500 positions.

Answer: True

In 2013, Thomson Reuters implemented substantial workforce reductions, totaling approximately 5,500 positions across its divisions.

Related Concepts:

  • What were the major workforce reductions announced by Thomson Reuters in 2013?: In 2013, Thomson Reuters announced significant job cuts, first cutting 2,500 positions in February and then an additional 3,000 jobs in October, primarily impacting its legal, financial, and risk divisions.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.

Thomson Reuters acquired FX Alliance Inc. in July 2012 to enhance its legal research services.

Answer: False

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.

Related Concepts:

  • What was the strategic purpose behind Thomson Reuters acquiring FX Alliance Inc. in July 2012?: The acquisition of FX Alliance Inc. by Thomson Reuters aimed to strengthen its electronic foreign exchange trading services for corporations and asset managers.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.

Thomson Reuters' Financial and Risk unit was divested in 2018 to Blackstone Group, forming a joint venture named Refinitiv.

Answer: True

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.

Related Concepts:

  • Which company acquired Thomson Reuters' Financial and Risk unit in 2018, and what was the new entity named?: In 2018, the Financial and Risk unit was divested to Blackstone Group, and the resulting joint venture was branded as Refinitiv. Thomson Reuters retained a 45% stake and the Reuters brand.
  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.

The acquisition of Casetext by Thomson Reuters in June 2023 was valued at $650 million.

Answer: True

Thomson Reuters acquired Casetext, an AI technology provider for legal professionals, in June 2023 for $650 million.

Related Concepts:

  • What was the acquisition price for Casetext by Thomson Reuters in June 2023?: Thomson Reuters acquired Casetext, a provider of AI technology for legal professionals, in an all-cash deal valued at $650 million.
  • What were Thomson Reuters Corporation's financial results for 2024?: In 2024, Thomson Reuters reported revenue of US$7.258 billion, operating income of US$2.109 billion, and net income of US$2.207 billion. The company's total assets were valued at US$18.44 billion, with total equity at US$12.01 billion.

Thomson Reuters acquired West Publishing in 1996, a company known for its legal research services including the Westlaw platform.

Answer: True

The acquisition of West Publishing in 1996 significantly bolstered Thomson Reuters' legal research capabilities, particularly through its prominent Westlaw platform.

Related Concepts:

  • What role did West Publishing play in the Thomson Corporation's history?: The Thomson Corporation acquired West Publishing in 1996. West Publishing was a significant provider of legal research and services, notably including the Westlaw platform.
  • What are some of the key legal and media entities listed under Thomson Reuters in the provided navboxes?: The navboxes indicate that Thomson Reuters includes legal entities such as Westlaw, Carswell, and Practical Law Company, and media entities like Reuters News Agency and Breakingviews.
  • What is the relationship between Thomson Reuters and the company named 'West'?: 'West' is identified as a subsidiary of Thomson Reuters Corporation.

What major legal entity did Thomson Corporation acquire in 1996, known for the Westlaw platform?

Answer: West Publishing

In 1996, Thomson Corporation acquired West Publishing, a company renowned for its legal research services, including the widely used Westlaw platform.

Related Concepts:

  • What role did West Publishing play in the Thomson Corporation's history?: The Thomson Corporation acquired West Publishing in 1996. West Publishing was a significant provider of legal research and services, notably including the Westlaw platform.
  • What are some of the key legal and media entities listed under Thomson Reuters in the provided navboxes?: The navboxes indicate that Thomson Reuters includes legal entities such as Westlaw, Carswell, and Practical Law Company, and media entities like Reuters News Agency and Breakingviews.

Which division of Thomson Reuters was identified as the largest revenue generator in 2018?

Answer: Financial & Risk

In 2018, the Financial & Risk division represented the largest portion of Thomson Reuters' revenue.

Related Concepts:

  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.
  • How was Thomson Reuters organized into divisions as of 2018?: As of 2018, Thomson Reuters operated through four primary divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.
  • What was the financial value of the Intellectual Property and Science division sale by Thomson Reuters in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion.

What action did Thomson Reuters take regarding its Healthcare division in 2012?

Answer: It divested the division to Veritas Capital.

In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which subsequently rebranded it as Truven Health Analytics.

Related Concepts:

  • What happened to Thomson Reuters' Healthcare division in 2012?: In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which then rebranded the business as Truven Health Analytics.
  • What were the major workforce reductions announced by Thomson Reuters in 2013?: In 2013, Thomson Reuters announced significant job cuts, first cutting 2,500 positions in February and then an additional 3,000 jobs in October, primarily impacting its legal, financial, and risk divisions.
  • What was the financial value of the Intellectual Property and Science division sale by Thomson Reuters in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion.

What was the approximate value of the Intellectual Property and Science division when it was sold in 2016?

Answer: US$3.55 billion

In 2016, Thomson Reuters sold its Intellectual Property and Science division for approximately US$3.55 billion.

Related Concepts:

  • What was the financial value of the Intellectual Property and Science division sale by Thomson Reuters in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.

What was the strategic purpose behind Thomson Reuters acquiring FX Alliance Inc. in July 2012?

Answer: To strengthen its electronic foreign exchange trading services.

The acquisition of FX Alliance Inc. was strategically aimed at enhancing Thomson Reuters' electronic foreign exchange trading services for corporate and asset management clients.

Related Concepts:

  • What was the strategic purpose behind Thomson Reuters acquiring FX Alliance Inc. in July 2012?: The acquisition of FX Alliance Inc. by Thomson Reuters aimed to strengthen its electronic foreign exchange trading services for corporations and asset managers.

Which company acquired Thomson Reuters' Financial and Risk unit in 2018, leading to the creation of Refinitiv?

Answer: Blackstone Group

Blackstone Group acquired Thomson Reuters' Financial and Risk unit in 2018, subsequently forming the entity known as Refinitiv.

Related Concepts:

  • Which company acquired Thomson Reuters' Financial and Risk unit in 2018, and what was the new entity named?: In 2018, the Financial and Risk unit was divested to Blackstone Group, and the resulting joint venture was branded as Refinitiv. Thomson Reuters retained a 45% stake and the Reuters brand.
  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.

What was the acquisition price for Casetext by Thomson Reuters in June 2023?

Answer: US$650 million

Thomson Reuters acquired Casetext in June 2023 for an acquisition price of US$650 million.

Related Concepts:

  • What was the acquisition price for Casetext by Thomson Reuters in June 2023?: Thomson Reuters acquired Casetext, a provider of AI technology for legal professionals, in an all-cash deal valued at $650 million.
  • What were Thomson Reuters Corporation's financial results for 2024?: In 2024, Thomson Reuters reported revenue of US$7.258 billion, operating income of US$2.109 billion, and net income of US$2.207 billion. The company's total assets were valued at US$18.44 billion, with total equity at US$12.01 billion.

What happened to Truven Health Analytics after IBM acquired it in February 2016?

Answer: It was integrated into IBM's Watson Health unit.

Following IBM's acquisition of Truven Health Analytics in February 2016, it was integrated into IBM's Watson Health unit.

Related Concepts:

  • What was the subsequent fate of Truven Health Analytics after its acquisition by IBM?: IBM acquired Truven Health Analytics in February 2016 and integrated it into its Watson Health unit. Later, in June 2022, Francisco Partners acquired the unit and launched it as a new healthcare data company named Merative.
  • What happened to Thomson Reuters' Healthcare division in 2012?: In 2012, Thomson Reuters divested its Healthcare division to Veritas Capital, which then rebranded the business as Truven Health Analytics.

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.

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.

Related Concepts:

  • What was the strategic rationale behind Thomson Reuters' acquisition of Dr Tax in January 2012?: Thomson Reuters acquired Dr Tax, a prominent Canadian developer of income tax software, to strengthen its position in the Canadian tax and accounting software market.

Which of the following is NOT listed as a division of Thomson Reuters in 2018?

Answer: Healthcare

In 2018, Thomson Reuters operated divisions including Legal, Reuters News Agency, Tax & Accounting, and Government. The Healthcare division had been divested in 2012.

Related Concepts:

  • How was Thomson Reuters organized into divisions as of 2018?: As of 2018, Thomson Reuters operated through four primary divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.
  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.
  • To which firms was the Intellectual Property and Science division sold in 2016?: In 2016, Thomson Reuters sold its Intellectual Property and Science division for $3.55 billion to the private equity firms Onex Corporation and Baring Private Equity Asia, leading to the formation of Clarivate Analytics.

Leadership and Ownership

David Thomson serves as the President and CEO of Thomson Reuters Corporation.

Answer: False

David Thomson serves as the Chairman of Thomson Reuters Corporation; Steve Hasker is the President and CEO.

Related Concepts:

  • What is David Thomson's role within Thomson Reuters?: David Thomson holds the position of chairman at Thomson Reuters Corporation.
  • Who are the current key leaders of Thomson Reuters Corporation?: David Thomson serves as the chairman, and Steve Hasker is the president and CEO of Thomson Reuters Corporation.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.

The Woodbridge Company, representing the Thomson family, holds a minority stake in Thomson Reuters Corporation.

Answer: False

The Woodbridge Company, representing the Thomson family, holds a majority stake (67.1%) in Thomson Reuters Corporation.

Related Concepts:

  • What is the significance of The Woodbridge Company's ownership of Thomson Reuters?: The Woodbridge Company is the majority owner of Thomson Reuters, holding 67.1% of the company, and acts as the holding entity for the Thomson family.
  • Who is the majority owner of Thomson Reuters Corporation?: The Woodbridge Company, which acts as a holding company for the Thomson family, is the majority owner of Thomson Reuters Corporation, holding a 67.1% stake.
  • What is the name of the holding company for the Thomson family that holds a majority stake in Thomson Reuters?: The holding company for the Thomson family that majority-owns Thomson Reuters is The Woodbridge Company.

Who currently holds the positions of Chairman and President/CEO at Thomson Reuters Corporation?

Answer: David Thomson (Chairman) and Steve Hasker (CEO)

David Thomson serves as the Chairman, and Steve Hasker holds the positions of President and CEO of Thomson Reuters Corporation.

Related Concepts:

  • Who are the current key leaders of Thomson Reuters Corporation?: David Thomson serves as the chairman, and Steve Hasker is the president and CEO of Thomson Reuters Corporation.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • What is David Thomson's role within Thomson Reuters?: David Thomson holds the position of chairman at Thomson Reuters Corporation.

Which entity is the majority owner of Thomson Reuters Corporation?

Answer: The Woodbridge Company, representing the Thomson family

The Woodbridge Company, which serves as the holding entity for the Thomson family, is the majority owner of Thomson Reuters Corporation.

Related Concepts:

  • What is the significance of The Woodbridge Company's ownership of Thomson Reuters?: The Woodbridge Company is the majority owner of Thomson Reuters, holding 67.1% of the company, and acts as the holding entity for the Thomson family.
  • Who is the majority owner of Thomson Reuters Corporation?: The Woodbridge Company, which acts as a holding company for the Thomson family, is the majority owner of Thomson Reuters Corporation, holding a 67.1% stake.
  • What is the name of the holding company for the Thomson family that holds a majority stake in Thomson Reuters?: The holding company for the Thomson family that majority-owns Thomson Reuters is The Woodbridge Company.

Financials and Operations

Thomson Reuters Corporation is headquartered in London, United Kingdom.

Answer: False

Thomson Reuters Corporation is headquartered in Toronto, Ontario, Canada.

Related Concepts:

  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • When was Thomson Reuters Corporation officially established?: Thomson Reuters Corporation was officially founded on April 17, 2008.

Thomson Reuters Corporation operates on both the Toronto Stock Exchange and the New York Stock Exchange.

Answer: False

Thomson Reuters Corporation operates on the Toronto Stock Exchange (TSX) and the Nasdaq stock exchange, not the New York Stock Exchange (NYSE).

Related Concepts:

  • On which stock exchanges is Thomson Reuters Corporation traded?: Thomson Reuters Corporation is traded on the Toronto Stock Exchange (TSX) under the symbol TRI and on the Nasdaq stock exchange, also under the symbol TRI.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What change in its US stock listing did Thomson Reuters announce in February 2025?: In February 2025, Thomson Reuters announced its intention to transfer its US stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.

Thomson Reuters' 2024 revenue was reported as approximately US$2.109 billion.

Answer: False

Thomson Reuters reported revenue of US$7.258 billion in 2024. The figure US$2.109 billion represents its operating income for that year.

Related Concepts:

  • What were Thomson Reuters Corporation's financial results for 2024?: In 2024, Thomson Reuters reported revenue of US$7.258 billion, operating income of US$2.109 billion, and net income of US$2.207 billion. The company's total assets were valued at US$18.44 billion, with total equity at US$12.01 billion.
  • How many employees did Thomson Reuters Corporation have in 2024?: In 2024, Thomson Reuters Corporation employed a total of 26,400 people worldwide.
  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.

Thomson Reuters' intention to transfer its US stock listing from the NYSE to Nasdaq was announced in February 2025.

Answer: True

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.

Related Concepts:

  • What change in its US stock listing did Thomson Reuters announce in February 2025?: In February 2025, Thomson Reuters announced its intention to transfer its US stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What is the connection between Thomson Reuters and the Nasdaq-100 index?: Thomson Reuters is listed as a constituent company within the Nasdaq-100 index.

On which stock exchanges can Thomson Reuters Corporation shares be traded?

Answer: Toronto Stock Exchange and Nasdaq

Thomson Reuters Corporation shares are traded on the Toronto Stock Exchange (TSX) and the Nasdaq stock exchange.

Related Concepts:

  • On which stock exchanges is Thomson Reuters Corporation traded?: Thomson Reuters Corporation is traded on the Toronto Stock Exchange (TSX) under the symbol TRI and on the Nasdaq stock exchange, also under the symbol TRI.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What change in its US stock listing did Thomson Reuters announce in February 2025?: In February 2025, Thomson Reuters announced its intention to transfer its US stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.

What was the reported revenue of Thomson Reuters Corporation in 2024?

Answer: US$7.258 billion

In 2024, Thomson Reuters reported total revenue of US$7.258 billion.

Related Concepts:

  • What were Thomson Reuters Corporation's financial results for 2024?: In 2024, Thomson Reuters reported revenue of US$7.258 billion, operating income of US$2.109 billion, and net income of US$2.207 billion. The company's total assets were valued at US$18.44 billion, with total equity at US$12.01 billion.
  • How many employees did Thomson Reuters Corporation have in 2024?: In 2024, Thomson Reuters Corporation employed a total of 26,400 people worldwide.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.

How many employees did Thomson Reuters Corporation have worldwide in 2024?

Answer: 26,400

In 2024, Thomson Reuters Corporation employed a global workforce of 26,400 individuals.

Related Concepts:

  • How many employees did Thomson Reuters Corporation have in 2024?: In 2024, Thomson Reuters Corporation employed a total of 26,400 people worldwide.
  • What were Thomson Reuters Corporation's financial results for 2024?: In 2024, Thomson Reuters reported revenue of US$7.258 billion, operating income of US$2.109 billion, and net income of US$2.207 billion. The company's total assets were valued at US$18.44 billion, with total equity at US$12.01 billion.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.

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.

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.

Related Concepts:

  • What change in its US stock listing did Thomson Reuters announce in February 2025?: In February 2025, Thomson Reuters announced its intention to transfer its US stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.
  • When did Thomson Reuters unify its corporate structure and consolidate its stock listings?: In 2009, Thomson Reuters unified its dual-listed company structure, delisting from the London Stock Exchange and NASDAQ, and maintaining listings solely on the New York Stock Exchange and Toronto Stock Exchange.
  • What were Thomson Reuters Corporation's financial results for 2024?: In 2024, Thomson Reuters reported revenue of US$7.258 billion, operating income of US$2.109 billion, and net income of US$2.207 billion. The company's total assets were valued at US$18.44 billion, with total equity at US$12.01 billion.

Products, Services, and Market Position

Thomson Reuters' primary competitor in aggregating financial and legal news is Bloomberg L.P.

Answer: True

Bloomberg L.P. is identified as Thomson Reuters' principal competitor in the aggregation of financial and legal news.

Related Concepts:

  • Who is Thomson Reuters' main competitor in the market for aggregating financial and legal news?: Thomson Reuters' primary competitor in aggregating financial and legal news is Bloomberg L.P.
  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.
  • How does Thomson Reuters' subscription model compare to open access alternatives?: Thomson Reuters' subscription services compete with open access alternatives, such as Unpaywall, which leverage open data and open-source methods. This competition is partly driven by significant increases in Thomson Reuters' subscription costs over time compared to inflation.

The CLEAR database is primarily used for academic research and data archiving.

Answer: False

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.

Related Concepts:

  • What is the stated purpose of the CLEAR database operated by Thomson Reuters?: The CLEAR database is utilized by law enforcement, corporate security, and fraud investigators to compile and analyze personal and identifying data for investigative purposes.
  • What is the CLEAR database, and what is its function?: The CLEAR database, operated by Thomson Reuters, is designed for law enforcement, corporate security, and fraud investigations. It functions by compiling and scraping personal and identifying data from various sources to create comprehensive subject files.
  • What legal issues has the CLEAR database encountered?: The CLEAR database has faced numerous lawsuits alleging violations of privacy and other civil liberties.

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

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.

Related Concepts:

  • What is the purpose of the 'Authority control databases' section found in the article?: The 'Authority control databases' section provides links to external cataloging systems like ISNI, VIAF, and WorldCat, which help identify and manage information about Thomson Reuters as a distinct entity, ensuring data consistency.
  • What are some of the key legal and media entities listed under Thomson Reuters in the provided navboxes?: The navboxes indicate that Thomson Reuters includes legal entities such as Westlaw, Carswell, and Practical Law Company, and media entities like Reuters News Agency and Breakingviews.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.

What is the primary business focus of Thomson Reuters Corporation?

Answer: Providing content-driven technology solutions in mass media.

Thomson Reuters Corporation is primarily focused on providing content-driven technology solutions within the mass media and information services sectors.

Related Concepts:

  • How was Thomson Reuters organized into divisions as of 2018?: As of 2018, Thomson Reuters operated through four primary divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.
  • Which division of Thomson Reuters was the largest revenue generator in 2018?: In 2018, the Financial & Risk division represented more than half of Thomson Reuters' total revenue.

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.

The CLEAR database is utilized by law enforcement and security professionals to compile and analyze personal and identifying data for investigative purposes.

Related Concepts:

  • What is the CLEAR database, and what is its function?: The CLEAR database, operated by Thomson Reuters, is designed for law enforcement, corporate security, and fraud investigations. It functions by compiling and scraping personal and identifying data from various sources to create comprehensive subject files.
  • What action did legal scholars and human rights activists urge Thomson Reuters to take in November 2019 concerning the CLEAR database?: In November 2019, legal scholars and human rights activists called for Thomson Reuters to cease providing data from its CLEAR database to U.S. Immigration and Customs Enforcement (ICE) and Palantir Technologies, citing its role in deportations.
  • What is the stated purpose of the CLEAR database operated by Thomson Reuters?: The CLEAR database is utilized by law enforcement, corporate security, and fraud investigators 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

Westlaw is identified as a legal entity operating under the Thomson Reuters umbrella, as indicated in the provided navboxes.

Related Concepts:

  • What are some of the key legal and media entities listed under Thomson Reuters in the provided navboxes?: The navboxes indicate that Thomson Reuters includes legal entities such as Westlaw, Carswell, and Practical Law Company, and media entities like Reuters News Agency and Breakingviews.
  • How was Thomson Reuters organized into divisions as of 2018?: As of 2018, Thomson Reuters operated through four primary divisions: Legal, Reuters News Agency, Tax & Accounting, and Government.
  • What is Thomson Reuters Corporation?: Thomson Reuters Corporation is a Canadian multinational content-driven technology conglomerate operating in the mass media industry. It was founded on April 17, 2008, and is headquartered in Toronto, Ontario, Canada.

Journalism, Ethics, and Controversies

Reuters journalists expressed concerns that the company's journalism might be overshadowed by its financial data operations following the Thomson acquisition.

Answer: True

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.

Related Concepts:

  • What concerns did Reuters journalists voice about the Thomson acquisition?: Reuters journalists expressed apprehension that the company's journalism business might be overshadowed by its financial data operations. They also worried about the impact on Reuters' reputation for unbiased reporting due to the concentration of ownership.

The original Reuters ownership principle allowed any single entity to own up to 25% of the company to ensure neutrality.

Answer: False

The original Reuters ownership principle stipulated that no single entity could own more than 15% of the company to safeguard its neutrality.

Related Concepts:

  • What was the original Reuters ownership principle, and how did it change with the Thomson acquisition?: The original Reuters principle prohibited any single entity from owning more than 15% of the company to ensure neutrality. This rule was waived for the Thomson acquisition due to Reuters' financial situation, allowing The Woodbridge Company (representing the Thomson family) to hold a majority stake.
  • What was the significance of the Reuters Trust's First Principle regarding the Thomson acquisition?: The Reuters Trust's First Principle, which limited single ownership to 15%, was waived during the Thomson acquisition due to Reuters' financial challenges, ensuring the company's stability and continued operation.
  • What concerns did Reuters journalists voice about the Thomson acquisition?: Reuters journalists expressed apprehension that the company's journalism business might be overshadowed by its financial data operations. They also worried about the impact on Reuters' reputation for unbiased reporting due to the concentration of ownership.

Thomson Reuters' response to criticism regarding data provision to ICE was that it would cease such activities to protect privacy.

Answer: False

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.

Related Concepts:

  • What action did legal scholars and human rights activists urge Thomson Reuters to take in November 2019 concerning the CLEAR database?: In November 2019, legal scholars and human rights activists called for Thomson Reuters to cease providing data from its CLEAR database to U.S. Immigration and Customs Enforcement (ICE) and Palantir Technologies, citing its role in deportations.
  • What was Thomson Reuters' official response to the criticism regarding its data provision to ICE?: 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.
  • What is the official justification provided by Thomson Reuters for its involvement in criminal investigations and public safety matters?: Thomson Reuters states its involvement is to assist the American government and police in active criminal investigations and to counter threats to national security or public safety.

In 2020, Reuters journalists mistakenly identified an Indian businessman as a suspect in a report about a hack-for-hire company.

Answer: True

In 2020, Reuters journalists committed an error of mistaken identity, incorrectly identifying an Indian businessman in a report concerning a hack-for-hire company.

Related Concepts:

  • Describe the incident in 2020 involving Reuters journalists and an Indian businessman.: In 2020, Reuters journalists mistakenly used a photograph of an Indian businessman, Kumar, in a report about a hack-for-hire company, identifying him as a suspect. This led to police questioning and reputational damage for Kumar, who later relocated. Reuters acknowledged the error of mistaken identity.

What was the primary concern voiced by Reuters journalists regarding the Thomson acquisition?

Answer: That their journalism might be overshadowed by financial data operations.

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.

Related Concepts:

  • What concerns did Reuters journalists voice about the Thomson acquisition?: Reuters journalists expressed apprehension that the company's journalism business might be overshadowed by its financial data operations. They also worried about the impact on Reuters' reputation for unbiased reporting due to the concentration of ownership.
  • What was the significance of the Reuters Trust's First Principle regarding the Thomson acquisition?: The Reuters Trust's First Principle, which limited single ownership to 15%, was waived during the Thomson acquisition due to Reuters' financial challenges, ensuring the company's stability and continued operation.
  • Which regulatory bodies reviewed the Thomson-Reuters merger, and what was the outcome?: The Thomson-Reuters merger was reviewed by the U.S. Department of Justice and the European Commission. Both bodies approved the merger in February 2008, contingent upon minor divestments. The Canadian Competition Bureau also provided clearance.

What was the original Reuters ownership principle designed to ensure?

Answer: Neutrality and prevention of single-entity control.

The original Reuters ownership principle was established to ensure the company's neutrality and prevent control by any single entity.

Related Concepts:

  • What was the original Reuters ownership principle, and how did it change with the Thomson acquisition?: The original Reuters principle prohibited any single entity from owning more than 15% of the company to ensure neutrality. This rule was waived for the Thomson acquisition due to Reuters' financial situation, allowing The Woodbridge Company (representing the Thomson family) to hold a majority stake.
  • What was the significance of the Reuters Trust's First Principle regarding the Thomson acquisition?: The Reuters Trust's First Principle, which limited single ownership to 15%, was waived during the Thomson acquisition due to Reuters' financial challenges, ensuring the company's stability and continued operation.

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

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.

Related Concepts:

  • What action did legal scholars and human rights activists urge Thomson Reuters to take in November 2019 concerning the CLEAR database?: In November 2019, legal scholars and human rights activists called for Thomson Reuters to cease providing data from its CLEAR database to U.S. Immigration and Customs Enforcement (ICE) and Palantir Technologies, citing its role in deportations.
  • What was Thomson Reuters' official response to the criticism regarding its data provision to ICE?: 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.
  • What is the official justification provided by Thomson Reuters for its involvement in criminal investigations and public safety matters?: Thomson Reuters states its involvement is to assist the American government and police in active criminal investigations and to counter threats to 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.

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.

Related Concepts:

  • What antitrust concerns did the European Commission investigate regarding Thomson Reuters' market practices in 2009?: In November 2009, the European Commission initiated formal antitrust proceedings to investigate Thomson Reuters for potential abuse of a dominant market position. The focus was on the company's handling of real-time market datafeeds and the use of Reuters Instrument Codes (RICs), specifically whether competitors were hindered in mapping these codes to alternative identifiers.
  • What were the key commitments made by Thomson Reuters to the European Commission in December 2012?: In December 2012, Thomson Reuters committed to creating a new license, called "ERL." This license allows customers to use Reuters Instrument Codes (RICs) with data sourced from competing real-time datafeed providers, for which they would pay a monthly fee.

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