Top European media outlet refuses to join Facebook News

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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

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London 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 describes as a"dedicated space for journalism," was first offered in the United States and expanded to the United Kingdom in January. The move comes after Facebook briefly stopped people from finding news on its platform in Australia last month rather than pay publishers for their content, a decision that produced a global backlash against the company.

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Facebook should be regulated , thinking they can spread any rubbish and get away with it , time for Governments to kick Facebook out or the governments should regulate them to one inch of their life

Will it post fakenews like CNN does?

This is the way to do it. The Australian press should merely have said, 'No, thanks,' instead of turning to government intervention.

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