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...
Mortgage debt is one component of household debt, also known as consumer debt. Federal Reserve Bank of New York numbers from the third quarter of 2010 indicate that total household debt is $11.6 trillion. Mortgage debt comprises 74 percent of that total, or $8.6 trillion.