Silicon Alley rapid halt during the early 2000s recession. During this economic contraction, many internet companies in Silicon Alley folded. The recession also affected publications that covered the sector. After the dot-com bust, the "Silicon Alley Reporter" was rebranded as "Venture Reporter", in September 2001, and sold to Dow Jones. Self-financed AlleyCat News ceased publication in October 2001. A couple of years after the dot-com bust, Silicon Alley began making its comeback with the help of NY Tech Meetup, and NextNY. On December 19, 2011, then Mayor Michael R. Bloomberg announced his choice of Cornell University and Technion-Israel Institute of Technology to
Silicon Gulf Silicon Gulf Silicon Gulf is a nickname for Davao City and extends to the Davao Region, at Southern Mindanao, Philippines. The nickname refers to the growing number of information technology and IT enabled services (ITES) companies sprouting in the area. The name was adapted from Silicon Valley, referring to the high tech cluster in the San Francisco Bay Area in northern California. Davao Region is one of the regions of the Philippines, on the southeastern portion of Mindanao. Davao Region consists of four provinces — Compostela Valley, Davao, Davao del Sur, and Davao Oriental. The region encloses the Davao Gulf