Summary : Although Telegraph , a technology that could transmit text edition finished electronic lines was patented by US and British governments in the years as early as 1837 , its expert potential and power was demonstrated to the world by Julius Reuter finished his revolutionary ideas where he envisioned a world , where reading transmitted in real time could be employ as a valuable asset . He utilise Telegraph as a medium to transmit the cultivation and set up a News agency of his give called Reuter s News Agency on October 10 , 1851The idea of information and knowledge as commodity was not new in late nineteenth century .Infact big companies did have their give Intelligence gathering Systems in place , that gathered grievous data related to business and commerce and also kept them abreast of the activities taking place at their competitors helms . The famous system of information communication between US and capital of the United Kingdom through pigeons , own by London Banker N .
M Rothschild also existed at that time . The Information systems were expensive to set up and owned and served whole the privileged few . For the lesser bestowed section of the club , the news agencies who bought news from local news of other cities were the only recluse . The speed of communication was however not stately . It took four days for news from Waterloo to arrive at London creating asymmetries in dispersion of newsThe news agency started drifting towards telecommunicate as their medium for transmission and reception of news . Charles Havas , a French journalist...If you want to get a full essay, cast it on our website:
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