The Associated Press is the world's oldest and largest wire service, according to information from its Web site. The AP, as it is commonly known, is a not-for-profit cooperative owned by its member news organizations. It was founded in 1848. According to its site, as of 2005, The AP: The AP stylebook has become the de facto standard for American newspapers. In April 2005, The AP established a license fee for material used on members' Web sites. It was to take effect in 2006. External links * AP Web site * Wikipedia article