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,
Media in the San Francisco Bay Area of Al Jazeera Media Network, is also based in the city. As the home of Silicon Valley, several high technology companies involved with Internet media or social media are either headquartered or have a significant presence in the Bay Area. These include the following: Media in the San Francisco Bay Area The media in the San Francisco Bay Area has historically focused on San Francisco but also includes two other major media centers, Oakland and San Jose. The Federal Communications Commission, Nielsen Media Research, and other similar media organizations treat the San Francisco-Oakland-San Jose Bay Area as one entire media