London (CNN Business)Facebook is launching its news product in Germany without media giant Axel Springer, which publishes the country's most popular daily newspaper and says it won't participate due to the "inappropriately low remuneration" offered for journalistic content.
The social media platform said Monday that Facebook News will launch in Germany in May. The product, which Facebook (FB) describes as a "dedicated space for journalism," was first offered in the United States and expanded to the United Kingdom in January.
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