Manhattan evolved into a metonym for the sphere encompassing the New York City metropolitan region's high tech industries, including the Internet, new media, telecommunications, digital media, software development, biotechnology, game design, financial technology ("fintech"), and other fields within information technology that are supported by the area's entrepreneurship ecosystem and venture capital investments. , New York City hosted 300,000 employees in the tech sector. In 2015, Silicon Alley generated over US$7.3 billion in venture capital investment, most based in Manhattan, as well as in Brooklyn, Queens, and elsewhere in the region. High technology startup companies and employment are growing in Manhattan and
Concentration of media ownership been a key argument for the loosening of ownership rules within Europe." In 2002, the European Parliament tried to revitalize the efforts on regulating media concentration at the European level and adopted a resolution on media concentration which called on the European Commission to launch a broad and comprehensive consultation on media pluralism and media concentration and to prepare a Green Paper on the issue by the end of 2003. The European Commission failed to meet this deadline. In the following years, during the process of amending the Televisions Without Frontiers directive, which was adopted by the EP and the