New York (state) States, while Midtown Manhattan is the largest central business district in the nation. Silicon Alley, centered in New York City, has evolved into a metonym for the sphere encompassing the New York City metropolitan region's high technology and entrepreneurship ecosystem; in 2015, Silicon Alley generated over US$7.3 billion in venture capital investment. High tech industries including digital media, biotechnology, software development, game design, and other fields in information technology are growing, bolstered by New York City's position at the terminus of several transatlantic fiber optic trunk lines, its intellectual capital, as well as its growing outdoor wireless connectivity. In December
Concentration of media ownership concentration. Both the Council of Europe (CoE) and the European Union (EU) have tried to formulate a distinctive and comprehensive media policy, including on the issue of concentration. However, the emphasis of both the organisations was more on strengthening media diversity and pluralism than on limiting concentration, even though they have often expressed the need for common European media concentration regulations. However, the European Union enforces a common regulation for environmental protection, consumer protection and human rights, but it has none for media pluralism. Although there is no specific media concentration legislation at the European level, a number of existing