Meta's augmented-reality unit has burned more than $60 billion since ⁠2020.

Meta shares are spiking here this morning and that's after a report on Bloomberg um that the company is considering cuts to its metaverse efforts. Luckily Dan Howie is on set with me here so we can talk a little bit about this. Now Bloomberg is saying that these cuts could be as much as 30%.And the irony here of course the company is called Meta. Mark Zuckerberg still reportedly really believes in the concept of the metaverse that one day we will not be sitting next to each other but we'll be our avatars wi ...