"Silicon Roundabout" meaning in English

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  "etymology_text": "silicon + (Old Street) Roundabout",
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          "ref": "2014 March 10, Cory Doctorow, “The slow death of Silicon Roundabout”, in The Guardian, →ISSN",
          "text": "Before long, Silicon Roundabout had indeed been adopted by estate agents, local councillors and even No 10. Silicon Roundabout became the cornerstone of the government's new Tech City strategy, whose idea was to nurture our little homegrown tech district to see if it couldn't be fanned into full flame.",
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          "ref": "2020, Chris McMillan, “Producing Cool”, in The London Dream: Migration and the Mythology of the City, John Hunt Publishing",
          "text": "Silicon Roundabout started as a very British joke. When the now-defunct travel social networking company Dopplr moved from above a pub in Hoxton to 100 City Road beside Old Street Roundabout in March 2008, they found not only more space but a burgeoning social scene.",
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          "text": "Less than a year earlier, Tech Hub, London’s first tech-focused co-working space, had also closed down, citing falling demand and rising rents. Insiders say London’s tech sector is now as strong as it has ever been, but is the closure of these spaces evidence that Cameron’s Silicon Roundabout vision failed, or that it succeeded?",
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