News from the Microsoft Build Developer Conference

Vole touts Cosmos DB as being designed for "planet-scale" applications and giving developers fine control over the replication policies and reliability. That results from a larger mix of revenue coming from the profitable Azure cloud business. " Azure Cosmos DB allows you to elastically scale across any number of geographical regions while delivering the industry's only financially-backed database SLA across availability, latency, throughput, and consistency", he said.

Wholesale prices jumped in April

While the central bank's main focus is consumer prices, measured by CPI and PCE, producer price increases raise concerns about higher costs being passed on to the retail level. Energy prices rose 0.8 per cent in April, while food costs were up 0.9 per cent. The jump in a gauge excluding volatile food, energy and trade services increases chances that consumer inflation will be sustained around the Federal Reserve's 2 percent goal, supporting forecasts for interest-rate hikes in the coming months.

Australia banks could make customers pay for surprise tax

The Reserve Bank of Australia (RBA) last week held interest rates at a record low 1.50 percent, citing concern about fuelling more borrowing in the country's red-hot property market. Historically, the big four banks have had the competitive power, due to their 80 per cent-plus mortgage market share, to do so. The tax on liabilities unveiled in Tuesday's federal budget caught banks, which had previously enjoyed the support of the ruling centre-right government, unawares and was criticised ...

Apple Is Bringing iTunes to Microsoft's Windows Store

As a result, any developer can now publish for its chat application, Microsoft Teams and the company said in the near future apps in Teams will be more discoverable for end users through a new app experience. "We are infusing AI into every product and service we offer", said Microsoft executive vice president of artificial intelligence and research Harry Shum.

Visual Studio 2017 for Mac is now generally available

At Microsoft's Build 2017 developer conference, its biggest Visual Studio news wasn't even for its own platform: Visual Studio 2017 for Mac has hit general availability (download here, requires OS X El Capitan 10.11 or higher). Described by Guthrie as the company's "new cloud debugging experience", the tool streamlines the process of fixing faults by offering developers a look into code behavior when an exception is triggered and dispensing with the need to write exception handling code.

China says Silk Road plan is not tied to presidency

China says Silk Road plan is not tied to presidency

On trips to China in February, Italian President Sergio Mattarella proposed plans for the ports of Genoa and Trieste, while French Prime Minister Bernard Cazeneuve attended the arrival ceremony of a freight train from Lyon. Experts talk about OBOR as if it's a spelled out blueprint of strategic projects. Even more remarkably, three years on, there isn't even an official OBOR map released by China (the maps circulating are all imagined unofficial renderings of OBOR by the Chinese media).