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...
When revolving debt remains from month to month, the debt amount carries over or revolves to the next month, and interest is charged on any debt that remains unpaid. In addition, amount of available credit goes up or down depending on the debt, so the term revolving credit is often intricately connected to revolving debt.