Meta Fined $1.3 Billion Over Data Transfers to U.S.

Facebook owner Meta Platforms was fined $1.3 billion by European Union regulators for sending user information to the U.S., a record privacy penalty for the bloc.

The ruling raises pressure on the U.S. government to complete a deal that would allow Meta and thousands of multinational companies to keep sending such information stateside. The size of the fine also underscores the increasing risks of running afoul of the European Union’s privacy rules as its enforcement tightens.