Facebook reducing video quality as more people stay at home.

Following similar moves from YouTube, Netflix and Amazon.

SoftBank planning to sell US$14 billion shares in Alibaba

Stake sale could range from as little as US$12 billion to as much as US$15 billion

Singapore's GovTech launches contact tracing app.

Using bluetooth technology to estimate the distance and duration when people come in contact with each other.

Malaysian entrepreneur launches News Asia Today to help businesses reach consumers in Asia.

The company will cover lifestyle, technology, and business news surrounding Asia.

STILE Initiative accelerator is funding up to $10m for startups.

Their second cohort is open for registration now.

Y Combinator's Summer 2020 program may be fully online.

Winter 2020 Demo Day was also brought forward a week earlier.

Malaysia imposes travel bans on Italy, Iran, and South Korea.

The restriction will be effective from Friday, 13th March 2020.

Honestbee lays off 80% of staff; delays salaries until more funding secured.

Their physical grocery store, Habitat, is temporarily closed.

Singapore's Novocall raises $500k led by 500 Startups.

Novocall helps businesses convert website traffic into leads through conversational sales.

AWStartup Festival will bring together hundreds of startups and investors.

A night of networking + learning with free flow food and drinks.

STRIVE VC has closed a $100 million fund to invest in Asia.

The fund will invest in B2B companies across SouthEast Asia and Japan

Malaysia's GoLog is solving problems costing the cold chain logistics industry billions.

Helping wholesalers reduce costs while improving efficiency with their cold chain logistics needs.

100k+ credit cards shared online due to data breach in SouthEast Asia.

Card numbers including the CVV and PIN have been published online.

SparkLabs Taipei startup accelerator to hold DemoDay 3 this 11th March.

Over 700 participants ranging from startups, global investors, and business leaders will be present.

Google's largest event of the year, I/O, has been cancelled.

Facebook's F8 conference was also cancelled.

Mastercard to invest in Indonesian startup Digiasia.

Expanding payments, P2P lending, and remittance services across Indonesia.

TikTok owner, ByteDance launches search app to fight Baidu.

Over 1.5 billion users around the world use ByteDance services.

Malaysia's 8th Prime Minister is Muhyiddin Mohd Yassin.

He was previously the Minister of Home Affairs since 2018.

Alipay reports signs of economic recovery in China.

39% of smaller shops have reopened since the outbreak

Marubeni Corporation acquires 5 percent stake in Indonesia’s Siloam Hospital

Siloam is Indonesia's largest private hospital operator with more than 13,000 doctors and nurses, 36 hospitals and 7,557 beds across the country.

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