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 for RTÜK should be re-structured as to minimize political influence over appointments. Cross-ownership refers to the concentration of ownership in different media sectors (i.e. across TV– Print– Radio– Online). In 2002, Law No. 4756 removed many cross-ownership restrictions, allowing, for example, a media company to own 244 local and regional and 30 national stations all at once. In the 2016 survey by MOM (Media Ownership Monitor), cross-ownership concentration in Turkey is measured by adding and weighting the market shares of the Top 8 owners across all sectors. The top eight owners of media in Turkey share approximately 40% of the