India’s IT-BPM sector has concerns over exemptions in data bill; Apple posts record sales; Lee Fixel’s Addition backs SuperOps.ai

Indian IT-BPM sector has concerns about exemptions in the Data bill India’s IT services and business process management companies will petition the government over concerns that the broad exemptions sought by lawmakers in the proposed Data Protection Bill will adversely impact the $190 billion sector in the European Union, Economic Times reports. In addition to opposing wide-ranging access to personal data being sought by the government, the industry representation will also highlight the inclusion of non-personal data in the bill, absence of timelines by when government agencies need to be compliant with the provisions as well as lack of applicability to personal data in the physical format, according to ET. Apple posts record revenues, says supply chain is improving Apple posted an all-time revenue record of $123.9 billion, up 11 percent year over year, for its fiscal first quarter that ended Dec. 31, the iPhone maker said yesterday in a press release. That compared with analysts expectations of $118.66 billion according to Refinitiv, CNBC reported. CEO Tim Cook said on an earnings call that supply chains, which had been disrupted by the Covid pandemic, were improving. The latest earnings numbers come within days of news about additional features Apple is introducing on its devices — such as universal control, now available in beta — and the ability to use iPhones as point-of-sale terminals for payments. AMD’s deal to buy Xilinx gets go-ahead from China’s regulators AMD, the US chipmaker that is buying Xilinx, which makes field programmable logic array devices, has got approval for the $35 billion deal from Chinese authorities, Wall Street Journal reports. The go-ahead clears the last major regulatory hurdle for one of the biggest deals in recent years in the semiconductor industry, according to the Journal. Atlassian buys Percept.AI Atlassian, a Nasdaq-listed Australian company that makes collaboration software, has acquired Percept.AI, a startup that offers an AI chatbot for natural language understanding, TechCrunch reports. Atlassian plans to integrate this virtual agent technology into Jira Service Management, its tool for helping IT teams provide better service to employees and customers. SuperOps.ai raises $14 million in funding led by Fixel’s Addition SuperOps.ai, a Silicon Valley and Chennai startup that provides a SaaS platform for unified professional services automation and remote monitoring and management, has raised $14 million in Series A funding. The money will help SuperOps expand the reach for its modern, AI-powered platform that is aimed at managed services providers. The investment was led by Lee Fixel’s Addition and Tanglin Venture Partners, with participation from existing investors Matrix Partners India and Elevation Capital, and several angel investors. Theme music courtesy Free Music & Sounds https://soundcloud.com/freemusicandsounds