The key word associated with the Oculus acquisition is âvalidation.â When Facebook â and more importantly CEO Mark Zuckerberg â shelled out $2 billion for a virtual reality startup, developers and investors who were hopeful the VR industry would take shape were suddenly convinced of it.
Revolving debt is a type of debt that changes from month to month as people make purchases and payments on a credit card. While...
Revolving debt usually refers to credit card debt. This is debt that changes from month to month as people make purchases and make payments. It is therefore differentiated from the type of debt people have when they borrow a defined amount of money at a given time like for a personal loan or to buy a car or a house.