Meta’s $1.3 Billion Privacy Fine Propels US-EU Data Plan (1)

Meta Platforms Inc.'s record €1.2 billion ($1.3 billion) fine over European privacy concerns adds urgency to Biden administration plans to update intelligence agency safeguards and create a court to hear complaints about US surveillance.

The measures are part of a new pact on trans-Atlantic data flows that, if cemented, could give Meta and thousands of other companies a way to avoid such scrutiny. Concerns that Europeans’ personal information is left unprotected from US surveillance have put businesses in legal limbo since the scrapping of the EU-US Privacy Shield agreement on information transfers in 2020.

US officials working on the latest ...