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Silicon Alley

noun

  1. an area of New York City in which industries associated with information technology are concentrated
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

When Silicon Alley Insider, a predecessor to Business Insider, published those messages in 2010, Zuckerberg apologized during an interview for a New Yorker article, saying he “absolutely” regretted those remarks.

It also contributed to the conversion of the Meatpacking District, to the market’s south, into a hotbed of trendy venues; helped secure the success of the High Line, a reimagining of an abandoned elevated railroad on the market’s west flank as a verdant, ribbonlike park; and set the stage for a proliferation of high-tech firms that rebranded the neighborhood as Silicon Alley.

When theGlobe.com, an early social media website, went public in late 1998, its shares soared more than 600 percent, a record at the time. TheGlobe.com, like so many start-ups in Silicon Alley and Silicon Valley, collapsed when the dot-com bubble burst a couple of years later.

Start-ups clustered in the Flatiron district of Manhattan, an area known as Silicon Alley.

If Amazon does win the race to the trillion-dollar mark, look for it coming soon to a Silicon Alley near you.

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