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...
Average credit card debt is closely tied to the total outstanding revolving debt. Over the years, the two have risen together, exhibiting strong correlation (0.6). Over the last decade, average credit card debt has grown at a faster pace â raising by 52% since the year 2000.