New York metropolitan area to take advantage of New Jersey's relatively lower commercial real estate and rental prices, while offering continued geographic proximity to Manhattan's financial industry ecosystem. Silicon Alley, centered in New York City, has evolved into a metonym for the sphere encompassing the metropolitan region's high technology industries involving the Internet, new media, financial technology ("fintech"), telecommunications, digital media, software development, biotechnology, game design, and other fields within information technology that are supported by its entrepreneurship ecosystem and venture capital investments. In 2015, Silicon Alley generated over US$7.3 billion in venture capital investment, most based in Manhattan, as well as in Brooklyn,
Concentration of media ownership the defense resources of the company. As FAIR observed, "when correspondents and paid consultants on NBC television praised the performance of U.S. weapons, they were extolling equipment made by GE, the corporation that pays their salaries." Over time the amount of media merging has increased and the number of media outlets has increased. As a result, fewer companies now own more media outlets, increasing the concentration of ownership. In 1983, 90% of US media was controlled by 50 companies; , 90% was controlled by just 6 companies and in 2017 the number was 5. News Corporation was split into two