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...
According to the Federal Reserve, the amount of revolving credit outstanding, which primarily reflects credit card debt, totaled $882.12 billion in November, up from $853.28 a year ago. That 3.3% growth outstripped the average American's income growth of 1.7% in the past year.