DiscoverWSJ What’s NewsMeta Hit With Record Fine Over EU-U.S. Data Transfers
Meta Hit With Record Fine Over EU-U.S. Data Transfers

Meta Hit With Record Fine Over EU-U.S. Data Transfers

Update: 2023-05-22
Share

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.


Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
In Channel
Russia and the Saudis Are Cashing In on Pricy Oil. Why the U.S. Isn’t

Russia and the Saudis Are Cashing In on Pricy Oil. Why the U.S. Isn’t

2023-09-2815:28

GOP Candidates Clash at Second Presidential Debate in Trump’s Absence

GOP Candidates Clash at Second Presidential Debate in Trump’s Absence

2023-09-2815:52

How Elon Musk Came to Wield International Influence

How Elon Musk Came to Wield International Influence

2023-09-2715:33

ChatGPT Powers $90 Billion Valuation Target for OpenAI

ChatGPT Powers $90 Billion Valuation Target for OpenAI

2023-09-2714:59

Biden Joins UAW Picket Line in Michigan, Ahead of Trump Visit

Biden Joins UAW Picket Line in Michigan, Ahead of Trump Visit

2023-09-2615:22

Moody’s Warns Gov’t Shutdown Could Hurt America’s Credit

Moody’s Warns Gov’t Shutdown Could Hurt America’s Credit

2023-09-2615:36

Taxpayers Are Paying the Bill for Oligarchs’ Seized Yachts

Taxpayers Are Paying the Bill for Oligarchs’ Seized Yachts

2023-09-2516:11

Striking Hollywood Writers Reach Tentative Deal With Studios

Striking Hollywood Writers Reach Tentative Deal With Studios

2023-09-2515:32

Introducing WSJ’s Take On the Week

Introducing WSJ’s Take On the Week

2023-09-2419:38

United Auto Workers Union Expands Strike at GM and Stellantis

United Auto Workers Union Expands Strike at GM and Stellantis

2023-09-2215:41

Microsoft-Activision Deal Clears Final Regulatory Hurdle

Microsoft-Activision Deal Clears Final Regulatory Hurdle

2023-09-2216:02

U.S. Households Feel Impact of High Interest Rates

U.S. Households Feel Impact of High Interest Rates

2023-09-2115:52

GOP Lawmakers to Oppose More Ukraine Aid

GOP Lawmakers to Oppose More Ukraine Aid

2023-09-2115:24

Fed Holds Rates Steady, but Signals Another Hike This Year

Fed Holds Rates Steady, but Signals Another Hike This Year

2023-09-2016:07

Who’s the Next Big Arms Supplier? South Korea

Who’s the Next Big Arms Supplier? South Korea

2023-09-2016:08

DOJ Investigating Elon Musk’s Tesla Perks Going Back Years

DOJ Investigating Elon Musk’s Tesla Perks Going Back Years

2023-09-1915:38

Global Energy Race Tests International Alliances

Global Energy Race Tests International Alliances

2023-09-1915:30

Now Hiring: U.S. Government Job Openings Surge

Now Hiring: U.S. Government Job Openings Surge

2023-09-1816:10

Drought Strains the Panama Canal and Global Trade

Drought Strains the Panama Canal and Global Trade

2023-09-1815:57

How Could the UAW Strike Impact the U.S. Economy?

How Could the UAW Strike Impact the U.S. Economy?

2023-09-1516:10

loading
Google Play
Download from Google Play
Castbox
Download from App Store
usUnited States
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Meta Hit With Record Fine Over EU-U.S. Data Transfers

Meta Hit With Record Fine Over EU-U.S. Data Transfers

The Wall Street Journal