WASHINGTON :The White House said on Wednesday that fines on Apple and Meta Platforms by the European Union were a "novel form of economic extortion" that the United States will not tolerate. WHY IT'S IMPORTANT Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as EU antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech. The fines were seen as a development that could stoke tensions between the