Silicon Alley build a US$2 billion graduate school of applied sciences on Roosevelt Island, with the goal of transforming New York City into the world's premier technology capital. As of 2013, Google's second largest office is located in New York. Verizon Communications, headquartered at 140 West Street in Lower Manhattan, was in 2014 in the final stages of completing a US$3 billion fiberoptic telecommunications upgrade throughout New York City. This revival was not restricted to Lower Manhattan, but was spread throughout New York City. Hence "Silicon Alley" has been considered by some observers to be an obsolete term. Silicon Alley Silicon Alley,
Concentration of media ownership a limited number of stations. In most countries, this system of licensing makes many markets local oligopolies. The similar market structure exists for television broadcasting, cable systems and newspaper industries, all of which are characterized by the existence of large-scale owners. Concentration of ownership is often found in these industries. In the United States, data on ownership and market share of media companies is not held in the public domain. Organizations like Fairness and Accuracy in Reporting have accused the Military-industrial-media complex of using their media resources to promote militarism, which, according to Fairness and Accuracy in Reporting's hypothesis, benefits