Microsoft just posted the fourth and final quarter of its 2024 fiscal financial results. The software maker made $64.7 billion in revenue and a net income of $22 billion during Q4. Revenue is up 15 percent, and net income has increased by 10 percent.
Technology
Microsoft’s cloud revenues rule again in Q4, as Surface continues to dip
Microsoft’s Intelligent Cloud revenues, which include the company’s server products and cloud services, were $28.5 billion overall and up 19 percent year over year. Revenues from this part of Microsoft’s business now make up nearly 45 percent of all revenue. While cloud revenue is strong once again, Microsoft’s consumer devices push continues to dip. Xbox hardware revenue is down again, and Surface revenue has now declined for seven consecutive quarters in a row.
Windows and Surface revenue
Windows OEM revenue, the price that manufacturers pay to license Windows for laptops and PCs, is up 4 percent year over year. Gartner said earlier this month that PC shipments had grown for three consecutive quarters, and that’s reflected in Microsoft’s Windows OEM growing in the same three quarters.
Microsoft also launched its new Copilot Plus PCs toward the end of fiscal Q4, with a variety of Qualcomm-powered devices available from June 18th onwards. Two new Surface devices, the Surface Laptop 7th Edition and Surface Pro 11th Edition, also launched in June. The full impact of sales on devices revenue won’t be felt until next quarter, though.
That means Surface revenue, or what Microsoft now calls devices revenue, has declined again this quarter by 11 percent. The last time Microsoft’s Surface revenue was up was in Q1 FY23, the quarter ended September 30th, 2022.
Microsoft switched up its hardware portfolio amid layoffs in early 2023, and the Surface Pro 10 and Surface Laptop 6 for businesses don’t seem to have had a big impact on revenues. All eyes are on next quarter to see if the new Surface Laptop and Surface Pro launches have helped devices revenue recover at all.
Xbox and gaming
Xbox content and services revenue, which includes Xbox Game Pass, is up by 61 percent this quarter. Activision Blizzard revenues have once again contributed to the majority of revenue here, with 58 points of net impact. Without Activision Blizzard revenues, Xbox content and services revenue will still have been up 3 percent year over year.
Microsoft revealed in February that Xbox Game Pass has now grown to 34 million subscribers, including the Xbox Game Pass Core (previously Xbox Live Gold) members. Microsoft is planning to launch a new Xbox Game Pass Standard plan soon, which is designed to replace the Xbox Game Pass for Console offering for new subscribers.
Microsoft just launched last year’s Call of Duty: Modern Warfare III on Xbox Game Pass, and it’s also planning to make Call of Duty: Black Ops 6, the next installment in Activision’s popular franchise, available on Xbox Game Pass later this year.
Microsoft’s price hikes for Xbox Game Pass Ultimate and PC Game Pass don’t come into effect until September, with Game Pass Ultimate increasing to $19.99 a month — a $3 increase over the current $16.99 a month pricing. PC Game Pass is also moving up to $11.99 a month in September.
While there’s a lot of anticipation for new games on Xbox Game Pass, console sales are still struggling. Xbox hardware revenue is down a massive 42 percent this quarter. Microsoft is planning to launch a discless Xbox Series X console in white later this year, alongside a new Galaxy Black special edition Xbox Series X.
Despite the poor Xbox hardware revenue, gaming revenue at Microsoft is up 44 percent overall, helped again by the additional Activision Blizzard revenue. In fact, that revenue added 48 points, so overall gaming revenue at Microsoft would have been down 4 percent if the company hadn’t acquired Activision Blizzard.
Microsoft’s cloud and Office revenues continue to grow, as expected. Office commercial products and cloud services revenue grew 12 percent, with Office 365 commercial revenue up 13 percent.
On the Office consumer side, revenue is up 3 percent year over year. Microsoft 365 Consumer subscribers also grew by 10 percent, up to 82.5 million now. LinkedIn revenue also grew 10 percent this quarter.
Server products and cloud services revenue jumped by 21 percent this quarter, with Azure and other cloud services revenue up by 29 percent. Investors continue to hunt down any signs of revenue growth in AI from Microsoft. This quarter, eight points of the Azure and other cloud services revenue growth is down to AI services, up slightly from the contribution in the previous quarter.
Microsoft is now planning to hold an investor call at 5:30PM ET / 2:30PM PT. We’ll update this article with comments from CEO Satya Nadella and CFO Amy Hood.
Technology
Two more xAI co-founders are among those leaving after the SpaceX merger
Since the xAI-SpaceX merger announced last week, which combined the two companies (as well as social media platform X) for a reported $1.25 trillion valuation — the biggest merger of all time — a handful of xAI employees and two of its co-founders have abruptly exited the company, penning long departure announcements online. Some also announced that they were starting their own AI companies.
Co-founder Yuhai (Tony) Wu announced his departure on X, writing that it was “time for [his] next chapter.” Jimmy Ba, another co-founder, posted something similar later that day, saying it was “time to recalibrate [his] gradient on the big picture.” The departures mean that xAI is now left with only half of its original 12 co-founders on staff.
It all comes after changing plans for the future of the combined companies, which Elon Musk recently announced would involve “space-based AI” data centers and vertical integration involving “AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time information and free speech platform.” Musk reportedly also talked of plans to build an AI satellite factory and city on the moon in an internal xAI meeting.
Musk wrote on X Wednesday that “xAI was reorganized a few days ago to improve speed of execution” and claimed that the process “unfortunately required parting ways with some people,” then put out a call for more people to apply to the company. He also posted a recording of xAI’s 45-minute internal all-hands meeting that announced the changes.
“We’re organizing the company to be more effective at this scale,” Musk said during the meeting. He added that the company will now be organized in four main application areas: Grok Main and Voice, Coding, Imagine (image and video), and Macrohard (“which is intended to do full digital emulation of entire companies,” Musk said).
Technology
2026 Valentine’s romance scams and how to avoid them
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Valentine’s Day should be about connection. However, every February also becomes the busiest season of the year for romance scammers. In 2026, that risk is higher than ever.
These scams are no longer simple “lonely hearts” schemes. Instead, modern romance fraud relies on artificial intelligence, data brokers and stolen personal profiles. Rather than sending random messages and hoping for a response, scammers carefully select victims using detailed personal data. From there, they use AI to impersonate real people, create convincing conversations and build trust at scale.
As a result, if you are divorced, widowed or returning to online dating after the holidays, this is often the exact moment scammers target you.
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WHEN DATING APPS GET HACKED, YOUR PRIVATE LIFE GOES PUBLIC
Romance scams surge around Valentine’s Day as criminals use artificial intelligence and stolen data to target widowed, divorced and older adults returning to online dating. (Omar Karim/Middle East Images/AFP via Getty Images)
The new face of romance scams in 2026
Romance scams are no longer slow, one-on-one cons. They’re now high-tech operations designed to target hundreds of people at once. Here’s what’s changed:
1) AI-generated personas that look and sound real
In the past, fake profiles used stolen photos and broken English. Today, scammers use AI-generated faces, voices and videos that don’t belong to any real person, making them almost impossible to reverse search.
You may be interacting with a profile that:
- Has years of realistic-looking social media posts
- Shares daily photos that match the story they tell
- Sends customized voice notes that sound natural
- Appears on “video calls” using AI face-mapping software.
Some scam networks even create entire fake families and friend groups online, so the person appears to have a real life, real friends and real history. To the victim, it feels like a genuine connection because the “person” behaves like one in every way.
2) Automated relationship scripts that adapt to you
Behind the scenes, many scammers now use software platforms that manage dozens of conversations at once. This is known as “scamware” and is incredibly hard to flag.
These systems:
- Track your replies
- Flag emotional triggers (grief, loneliness, fear, trust)
- Suggest responses based on your mood and history.
When you mention that you are widowed, the tone quickly becomes more comforting. Meanwhile, if you say you are financially stable, the story shifts toward so-called “business opportunities.” And if you hesitate, the system responds by introducing urgency or guilt. It feels personal, but in reality, you’re being guided through a pre-written emotional funnel designed to lead to one outcome: money.
3) Crypto and “investment romance” scams
One of the fastest-growing versions of romance fraud now blends love and money. A BBC World Service investigation recently revealed that many romance scams are now run by organized criminal networks across Southeast Asia, using what insiders call the “pig butchering” model, where victims are slowly “fattened up” with trust before being financially destroyed.
These operations use call center style setups, data broker profiles, scripted conversations and AI tools to target thousands of people at once. This is not accidental fraud. It’s an industry.
And the reason you were selected is simple. Your personal data made you easy to find, easy to profile and easy to target.
After weeks of trust-building, the scammer introduces:
- A “private” crypto platform
- A fake trading app
- A business or investment opportunity, “they use themselves.”
They may show fake dashboards, fake profits and even let you “withdraw” small amounts at first to build trust. But once larger sums are sent, the site disappears and so does the person. There is no investment. There is no account. And there is no way to recover the funds.
AI DEEPFAKE ROMANCE SCAM STEALS WOMAN’S HOME AND LIFE SAVINGS
Data brokers selling personal details fuel a new wave of romance fraud by helping scammers select financially stable, older victims before contact is made. (Jens Büttner/picture alliance via Getty Images)
How scammers find you before you ever match
The biggest misconception is that romance scams begin on dating apps. They don’t. They begin long before that, inside massive databases run by data brokers. These companies collect and sell profiles that include:
- Your age and marital status
- Whether you’re widowed or divorced
- Your home address history
- Your phone number and email
- Your family members and relatives
- Your income range and retirement status.
Scammers buy this data to build shortlists of ideal victims.
The data brokers behind romance scams
They filter for:
- Age 55-plus
- Widowed or divorced
- Living alone
- Financially stable
- Not active on social media.
That’s how they know who to target before the first message is ever sent.
Why are widowed and retired adults targeted first?
Scammers aren’t cruel by accident. They target people who are statistically more likely to respond. If you’ve lost a spouse, moved recently or reentered the dating world, your personal data often shows that. That makes you a priority target. And once your name lands on a scammer’s list, it can be sold again and again. That’s why many victims say, “I blocked them, but new ones keep showing up.” It’s not a coincidence. It’s data recycling.
How the scam usually unfolds
Most romance scams follow the same pattern:
- Friendly introduction: A warm message. No pressure. Often references something personal about you.
- Fast emotional bonding: They mirror your values, your experiences, even your grief.
- Distance and excuses: They can’t meet. There’s always a reason: military deployment, overseas job, business travel.
- A sudden “crisis”: Medical bills, business losses, frozen accounts, investment opportunities.
- Money requests: Wire transfers, gift cards, crypto or “temporary help.”
By the time money is involved, the emotional connection is already strong. Many victims send thousands before realizing it’s a scam.
The Valentine’s Day cleanup that stops scams at the source
If you want fewer scam messages this year, you need to remove your personal information from the places scammers buy it. That’s where a data removal service comes in. While no service can guarantee the complete removal of your data from the internet, a data removal service is really a smart choice. They aren’t cheap, and neither is your privacy.
These services do all the work for you by actively monitoring and systematically erasing your personal information from hundreds of websites. It’s what gives me peace of mind and has proven to be the most effective way to erase your personal data from the internet. By limiting the information available, you reduce the risk of scammers cross-referencing data from breaches with information they might find on the dark web, making it harder for them to target you.
Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting Cyberguy.com.
Get a free scan to find out if your personal information is already out on the web: Cyberguy.com.
Practical steps to protect yourself this February
Here’s what you can do right now:
- Never send money to someone you haven’t met in person
- Be skeptical of fast emotional bonding
- Verify profiles with reverse image searches
- Don’t share personal details early
- Remove your data from broker sites.
- Use strong antivirus software to block malicious links and fake login pages. Get my picks for the best 2026 antivirus protection winners for your Windows, Mac, Android and iOS devices at Cyberguy.com.
When you combine these steps, you remove the access, urgency and leverage scammers rely on.
SUPER BOWL SCAMS SURGE IN FEBRUARY AND TARGET YOUR DATA
Cybercriminals now deploy AI-generated faces, voices and scripted conversations to impersonate real people and build trust at scale in modern romance scams. (Martin Bertrand/Hans Lucas/AFP via Getty Images)
Kurt’s key takeaways
Romance scams are no longer random. They are targeted, data-driven and emotionally engineered. This Valentine’s Day, the best gift you can give yourself is privacy. By removing your personal data from broker databases, you make it harder for scammers to find you, profile you and exploit your trust. And that’s how you protect not just your heart, but your identity, your savings and your peace of mind.
Have you or someone you love been contacted by a Valentine’s Day romance scam that felt real or unsettling? Let us know your thoughts by writing to us at Cyberguy.com.
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Technology
Uber Eats adds AI assistant to help with grocery shopping
Uber announced a new AI feature called “Cart Assistant” for grocery shopping in its Uber Eats app.
The new feature works a couple different ways. You can use text prompts, as you would with any other AI chatbot, to ask it to build a grocery list for you. Or you can upload a picture of your shopping list and ask it to populate your cart with all your favorite items, based on your order history. You can be as generic as you — “milk, eggs, cereal” — and the bot will make a list with all your preferred brands.
And that’s just to start out. Uber says in the coming months, Cart Assistant will add more features, including “full recipe inspiration, meal plans, and the ability to ask follow up questions, and expand to retail partners.”
But like all chatbots, Uber acknowledges that Cart Assistant may make mistakes, and urges users to double-check and confirm the results before placing any orders.
It will also only work at certain grocery stores, with Uber announcing interoperability at launch with Albertsons, Aldi, CVS, Kroger, Safeway, Sprouts, Safeway, Walgreen, and Wegmans. More stores will be added in the future, the company says.
Uber has a partnership with OpenAI to integrate Uber Eats into its own suite of apps. But Uber spokesperson Richard Foord declined to say whether the AI company’s technology was powering the new chatbot in Uber Eats. “Cart Assistant draws on publicly available LLM models as well as Uber’s own AI stack,” Foord said in an email.
Uber has been racing to add more AI-driven features to its apps, including robotaxis with Waymo and sidewalk delivery robots in several cities. The company also recently revived its AI Labs to collaborate with its partners on building better products using delivery and customer data.
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