Readify, an Australian company, has launched the world's first hosted Team Foundation Server product offering. It allows you to access you TFS server from anywhere in the world without having to make a big investment in infrastructure and licensing. This is pretty cool if you think about companies that may be doing right-shoring, or have teams that are spread all over the globe. If you have ever had to work through connectivity issues with a VPN and disparate teams, run (don't walk) and check this out.
Happy Coding!