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...
A ârevolvingâ credit account is an account where your monthly payment is based on your balance, which can change from month to month. Revolving utilization, also known as your âdebt-to-limit ratioâ or âcredit utilization,â measures the amount of your revolving credit limits that you are currently using. Your revolving utilization is an important part of your credit score. These calculations are made both on individual revolving accounts, and on the total credit limits and balances of all revolving accounts appearing on a credit report. The majority of revolving accounts are credit cards or retail store cards of some type.