Is The Internet Going Down? Undersea Sub-Cables Have Just Broken

From Times Online/Tech Central:

Breaking news: something's happening to the internet, right now. We're just not quite sure what.

Interoute, the internet networks company, reports that three of the four internet sub-cables that run from Asia to North America have been damaged.

These carry more than 75 per cent of traffic between the Middle East, Europe and America. It's hard to gather what this actually means - is it that the internet is down or (more likely) significantly slower than usual between the Middle East and America? (If you're reading this, let's face it, the internet has not shut down altogether)

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