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Founded in 1848, The Associated Press is the backbone of the world's information system serving thousands of daily newspaper, radio, television and online customers with coverage in all media and news in all formats. It is the largest and oldest news organization in the world, serving as a source of news, photos, graphics, audio and video for more than one billion people a day. The Associated Press has received 47 Pulitzer Prizes, more than any other news organization in the categories for which it can compete. AP operates as a not-for-profit cooperative with 3,700 employees working in more than 240 worldwide bureaus.