Founded in 1785 by John Walter, The Times came into being to offer a daily record of commercial news, advertisements, and public events to the people of Britain. The idea sparked when Walter, a former coal merchant who had recently gone bankrupt, bought a patent for a new, faster printing method. Looking to rebuild his fortune, he decided to create a newspaper—originally called The Daily Universal Register—as a practical way to prove his new printing press worked and to generate income. The historic publication has changed hands many times over the centuries, and today the site continues to operate under the ownership of Rupert Murdoch's media company, News Corp. Today, The Times is run by a massive team of seasoned journalists and is mainly focused on comprehensive national and international news. They cover a wide variety of topics including major political developments, global business, arts and entertainment, and world-class sports. They're based in London, United Kingdom, and have made a name for themselves among those looking for detailed, daily updates on the happenings in Europe and across the globe. One interesting fact: A unique fact about The Times is that it is the actual birthplace of the world-famous "Times New Roman" font. In 1931, after a printing expert publicly criticized the newspaper for having an outdated and hard-to-read typeface, the publication commissioned the creation of a brand new, highly legible font that has since become a standard default on computers everywhere!