10:01 ET -- Meta Platforms is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. European Union regulators have fined the Facebook parent company $1.3 billion by for sending user information to the U.S., marking a record privacy penalty for the bloc. Meta said it would appeal the ruling. Despite the fine, Meta shares were recently up 3% at $242.93. Dow Jones & Co. owns Factiva. (colin.kellaher@wsj.com)

(END) Dow Jones Newswires

May 22, 2023 10:16 ET (14:16 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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