Meta's shares surged 36% in September following the launch of its Muse personal AI assistant, reaching their best monthly performance since July 2013 and positioning the company near $2 trillion valuation. The rally reverses earlier struggles tied to AI investment concerns and legal risks, with investors now viewing AI products as a major growth driver. Meta has also announced partnerships with Maplebear and Expedia while unveiling new hardware products.
Seattle City Council passed the Fair Pricing and Transparency Act, becoming the first city to ban personalized pricing in grocery sales based on consumer data like browsing history and income. The bill now awaits Mayor Wilson's signature, following similar bans in Maryland, Connecticut, and New Jersey.