Economy of New York City bank with a permanent vote on the Federal Open Market Committee and its president is traditionally selected as the Committee's vice chairman. The bank also has the largest gold repository in the world, larger even than Fort Knox. Its vault is 80 feet (25 m) beneath the street and holds $160 billion worth of gold bullion. Silicon Alley, centered in Manhattan, has evolved into a metonym for the sphere encompassing the New York City metropolitan region's high tech enterprises involving the Internet, new media, telecommunications, digital media, software development, biotechnology, game design, and other fields within information technology that are
Silicon Beach Fest Silicon Beach Fest Silicon Beach Fest is the name for a conference featuring both startup and Hollywood entertainment companies, based in Los Angeles, California, United States. Silicon Beach Fest was the "first time that local incubators, accelerators, digital media shops, and investors city-wide have gathered together to examine the burgeoning tech scene in L.A." The term "Silicon Beach" has been popularly used by the media when referring to LA's growing startup and tech scene. Many of the panels and workshops at the conference feature speakers from media companies and startups who are innovating in digital and entrepreneurial activity, and reflect