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 in Turkey by BeIN Media Group, which led among other things to the entrance of the Al Jazeera Media Network in the Turkish media landscape. In the realm of print media, regulatory safeguards on media ownership concentration and a monitoring authority do exist under Law No. 5187 (2004), but there is no respective sanctioning system. Consequently, sanctioning and enforcement powers are not used. There is no specific regulation for the concentration of media ownership in the online sector. Such sector falls under the scope of the Competition Authority. However, the Radio and Television Supreme Council (RTÜK) decisions on concentration of media service