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Saudi Arabia, Japan Reach Strategic Partnership to Develop Digital Economy

The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.
The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.
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Saudi Arabia, Japan Reach Strategic Partnership to Develop Digital Economy

The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.
The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy.

The Saudi Ministry of Communications and Information Technology and Japan’s Digital Agency have signed a memorandum of understanding concerning digital economy, developing digital government and accelerating the adoption of modern technologies, reported the Saudi Press Agency on Wednesday.

The agreement was reached during the visit headed by Minister of Communications and Information Technology Eng. Abdullah Al-Swaha to Japan to boost partnership in the fields of technology, innovation and space.

Under its terms, the two countries will cooperate to promote and support government digital services, including digital platforms, e-signatures and documentation, build capacity and share knowledge.

The two sides will also cooperate in research and innovation, establishing research teams to develop digital government services and exchange best practices and policies that enable the use of emerging technologies in businesses and improve customer experience.

The memorandum was signed by Al-Swaha and Japanese Minister for Digital Transformation Kono Taro; several officials from both sides attended the signing ceremony.

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Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta to Offer Less Personalized Ads in Europe to Appease Regulators
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Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta to Offer Less Personalized Ads in Europe to Appease Regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.

The Menlo Park, California-based company said it is implementing these changes in response to demands from EU regulators.

Over the coming weeks, people in the EU who use the company's social media platforms for free with ads, will be able to choose to see ads based on what Meta calls "context"- content that a user sees during a particular session on the platforms.

According to Reuters, these ads will also target users based on age, gender, and location, with some being unskippable for a few seconds.

Meta also plans to reduce the price of ad-free subscriptions by about 40% for European users.

This move comes as European regulators intensify efforts to curb Big Tech's power and level the playing field for smaller firms, including through the landmark Digital Markets Act (DMA) which came into force earlier this year.

The European Union law aims to make it easier for people to move between competing online services like social media platforms, internet browsers and app stores.

Last month, Europe's top court ruled that Meta must restrict the use of personal data harvested from Facebook for targeted advertising, supporting privacy activist Max Schrems.

The European Union did not immediately respond to a Reuters request for comment.

The developments were first reported by the Wall Street Journal.

Earlier in November, Reuters reported that Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at managing Big Tech's influence, making it the first company to be sanctioned.