Manhattan evolved into a metonym for the sphere encompassing the New York City metropolitan region's high tech industries, including the Internet, new media, telecommunications, digital media, software development, biotechnology, game design, financial technology ("fintech"), and other fields within information technology that are supported by the area's entrepreneurship ecosystem and venture capital investments. , New York City hosted 300,000 employees in the tech sector. In 2015, Silicon Alley generated over US$7.3 billion in venture capital investment, most based in Manhattan, as well as in Brooklyn, Queens, and elsewhere in the region. High technology startup companies and employment are growing in Manhattan and
Dubai Internet City Dubai Internet City Dubai Internet City (DIC) () is an information technology park created by the government of Dubai as a free economic zone and a strategic base for companies targeting regional emerging markets. The economic rules of DIC allow companies to avail themselves of a number of ownership, taxation and customs related benefits which are guaranteed by law for a period of 50 years. One model of operation includes 100% foreign ownership, similar to those prevailing in other designated economic zones in the United Arab Emirates. These freedoms have led many global information technology firms, such as Facebook, LinkedIn,