New York (state) States, while Midtown Manhattan is the largest central business district in the nation. Silicon Alley, centered in New York City, has evolved into a metonym for the sphere encompassing the New York City metropolitan region's high technology and entrepreneurship ecosystem; in 2015, Silicon Alley generated over US$7.3 billion in venture capital investment. High tech industries including digital media, biotechnology, software development, game design, and other fields in information technology are growing, bolstered by New York City's position at the terminus of several transatlantic fiber optic trunk lines, its intellectual capital, as well as its growing outdoor wireless connectivity. In December
Alley of the older thoroughfares in Covent Garden, Cecil Court dates back to the end of the 17th century. A tradesman's route at its inception, it later acquired the nickname Flicker Alley because of the concentration of early film companies in the Court. The first film-related company arrived in Cecil Court in 1897, a year after the first demonstration of moving pictures in the United Kingdom and a decade before London’s first purpose built cinema opened its doors. Since the 1930s it has been known as the new Booksellers' Row as it is home to nearly twenty antiquarian and second-hand independent