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[B]Great Breaking Moments 1974 Contributing to Breaking News Events.
Inspired by early line and character editors that broke a move or copy operation into two steps—between which the user could invoke a preparatory action such as navigation—Lawrence G. "Larry" Tesler proposed the names "cut" and "copy" for the first step and "paste" for the second step. Beginning in 1974, he and colleagues at Xerox Corporation Palo Alto Research Center (PARC) implemented several text editors that used cut/copy-and-paste commands to move/copy text.[4]
Apple Computer widely popularized the computer-based cut/copy-and-paste paradigm through the Lisa (1983) and Macintosh (1984) operating systems and applications. Apple mapped the functionalities to key combinations consisting of the Command key (a special modifier key) held down while typing the letters X (for cut), C (for copy), and V (for paste), choosing a handful of keyboard shortcuts to control basic editing operations. The keys involved all cluster together at the left end of the bottom row of the standard QWERTY keyboard, and each key is combined with a special modifier key to perform the desired operation:
Z to undo
X to cut
C to copy
V to paste
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