Silicon Alley Silicon Alley Silicon Alley, centered around the Flatiron district in Manhattan, is an area of high tech industries. The term was coined in the 1990s during the dot-com boom, as a reference to <nowiki>"Silicon Valley", the tech center in California. As the New York tech industries began a revival around 2003, the businesses spread outside of Manhattan making the term 'Silicon Alley'</nowiki> somewhat obsolete. , New York City hosted 300,000 employees in the tech sector. In 2015, New York generated over US$7.3 billion in venture capital investment. High technology startup companies and employment are growing in New York City and
Concentration of media ownership legal instruments such as the Amsterdam Protocol, the Audiovisual Media Services Directive and actions programs contribute directly and indirectly to curbing media concentration at EU level. When it comes to regulating media concentration at the common European level, there is a conflict between Member states and the European Commission (EC). Even if Member states do not publicly challenge the need for common regulation on media concentration, they push to incorporate their own regulatory approach at the EU level and are reluctant to give the European Union their regulatory power on the issue of media concentration. The Council of Europe's initiative