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Home > WSJ What's News > Meta Hit With Record Fine Over EU-U.S. Data Transfers
Podcast: WSJ What's News
Episode:

Meta Hit With Record Fine Over EU-U.S. Data Transfers
Category: Business
Duration: 00:16:05
Publish Date: 2023-05-22 10:36:00
Description:

A.M. Edition for May 22. European Union privacy regulators have fined Facebook owner Meta a record $1.3 billion for sending user information to the U.S., according to people familiar with the matter. WSJ tech reporter Sam Schechner explains how the decision could affect other multinational companies. Plus, U.S. debt talks are set to resume this afternoon. And Russia claims victory in the Ukrainian city of Bakhmut. Luke Vargas hosts.

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