iRobot, the maker of Roomba, files for bankruptcy and seeks a manufacturer buyout

Reuters began in 1851 when German entrepreneur Paul Julius Reuter used carrier pigeons to bridge a 120-mile telegraph gap between Aachen and Brussels, beating post trains by four hours and giving London stockbrokers the fastest continental prices. Within months the service migrated under the English Channel, and by 1865 the first transatlantic cable carried Reuter’s bulletin announcing Abraham Lincoln’s assassination Global News Rooted that reached European capitals three days ahead of competing papers. That obsession with speed married to accuracy became the DNA of an agency that today files 2.2 million words a day in 16 languages from 200 bureaus. A legal trust written into Reuters articles of incorporation in 1941 amid fears of wartime propaganda enshrines five principles: independence, integrity, freedom from bias, resistance to political or commercial interference, and the duty to supply “the whole truth when it can be obtained.” Editors repeat those lines to every new hire; they are printed on plastic cards clipped to security badges and cited in court when the company refuses subpoenas for unpublished material. The trust is overseen by a 15-member board that includes former supreme-court justices and Nobel laureates who can veto any merger or shareholder action deemed to threaten neutrality. Modern coverage spans text, photo, video, graphics and structured data fed directly into trading algorithms. During the 2020 U.S. election the Washington bureau’s “Decision Desk” called Arizona for Joe Biden at 12:50 a.m. EST, 34 minutes ahead of competitors, after analysts cross-checked 4.1 million early-vote records against county turnout models built from 20 years of precinct returns. Simultaneously, the Bangalore data unit published machine-readable county-level XML feeds that allowed Bloomberg, Refinitiv and 300 regional newspapers to update electoral maps on their own sites within seconds. Financial markets rely on Reuters Instrument Codes (RICs), a proprietary ticker system covering 80 million assets from Venezuelan bonds to Korean won options. When the Bank of England surprised traders with a rate hike in February 2023, reporters filed a 78-word headline plus a 12-field data table in 0.7 seconds; high-frequency funds parsed the code and moved £4 billion in gilt futures before the average human could finish reading the first sentence. Beyond speed, investigative teams spend months on accountability journalism. The “Daughters of the Nile” series documented forced disappearances in Egypt using satellite imagery, TikTok metadata and smuggled prison ledgers; judges in Cairo cited the evidence to overturn 23 death sentences. Similarly, the “Congo Cobalt” file traced child-mined ore through shell companies to battery supply chains, prompting Tesla and Apple to publish third-party audits within weeks. Every bureau maintains a “Standards Editor” who vets adjectives, double-blind sources and insists on corroborating documents. Stories carry a byline, a dateline and a time-stamp to the minute, creating an audit trail that academics, regulators and rival newsrooms treat as the closest thing to an official record. From telegraph wires to 5G networks, Reuters still delivers Independent the first draft of history unaltered by ideology and accountable to the public trust written into its charter 162 years ago.