News in Brief

Australians still not buying online

Less than 4 per cent of Australians made a purchase via the Internet last year, says the latest Australian Bureau of Statistics (ABS) report. What's more, according to the report, 36 per cent of these purchasers bought only one item in the entire year. The report, which the ABS released this week, estimated 25 per cent of Australian households had Internet access in November 1999. It estimated 803,000 - or 6 per cent - of all Australian adults used the Internet to purchase or order goods or services for private use in the 12 months leading up to November 1999. to acquire SGI's Cray supercomputer unit Tera Computer, a producer of high-end computers, has agreed to purchase Silicon Graphics' Cray supercomputer business for an undisclosed price. Following the purchase, Tera will create a new combined company called Cray. Tera will take over both the Cray brand and SG's Cray supercomputer product line, which includes the Cray SV1, Cray T3E and Cray T90 systems, as well as existing service contracts and future Cray vector supercomputer products. www.tera,www.sgi.comJapan-Australia fibre cable one step nearer A group of major Japanese, Australian and American telecommunications carriers have moved one step closer to their goal of a fibre optic cable linking Japan, Australia and Guam. An agreement to establish the "Special Purpose Vehicle (SPV) Company" that will build the link between the three islands was signed last week by Japan Telecom, NTT Communications, AT&T/BT Concert, MCI WorldCom, Teleglobe Communications and Telstra, NTT Communications said in a statement.

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More about ABS AustraliaAT&TAustralian Bureau of StatisticsBT AustralasiaCrayJapan TelecomMCIMCI WorldComNTT AustraliaSGI AustraliaSilicon GraphicsTeleglobeTelstra CorporationTeraWorldCom

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