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,
Silicon Beach Fest Silicon Beach Fest Silicon Beach Fest is the name for a conference featuring both startup and Hollywood entertainment companies, based in Los Angeles, California, United States. Silicon Beach Fest was the "first time that local incubators, accelerators, digital media shops, and investors city-wide have gathered together to examine the burgeoning tech scene in L.A." The term "Silicon Beach" has been popularly used by the media when referring to LA's growing startup and tech scene. Many of the panels and workshops at the conference feature speakers from media companies and startups who are innovating in digital and entrepreneurial activity, and reflect