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The Airbnb logo on a tablet screen. Photo: Martin Bureau/AFP/Getty Images

Amid plans to go public in 2020, Airbnb is still sparring with New York City in its latest battle over illegally listed short-term rentals, Bloomberg reports.

Why it matters: Investors want the company "to sort things out with New York" before filing for its IPO, according to Bloomberg — but "Airbnb has been at odds with New York for almost its entire existence."

By the numbers: Airbnb, which operates in more than 500 cities around the world, says that New York currently represents 1% of the company's revenue. The city generates roughly $70 million of Airbnb's $5 billion in annual global revenue, a person familiar with the situation told Bloomberg.

What to watch: New York lawyers and Airbnb will meet on Sept. 27 to discuss the company's latest lawsuit against the city, which could end with the San Francisco tech company being forced to hand over hosts' names and addresses each month.

  • That would allow New York to fine those breaking the law, and potentially let Airbnb "legitimize its market in New York and soothe investors worried about greater upheaval," per Bloomberg.

What they're saying: “New York is a marathon and not a sprint. We will ultimately get across the finish line," Airbnb’s global head of policy, Chris Lehane, told Bloomberg.

  • “This issue festered and festered and has gotten to a point now that Airbnb has lost all political leverage,” venture capitalist and former political strategist Bradley Tusk told Bloomberg. “Can you ring the bell in a city where you’re not legal? It would be pretty damn awkward.”

Go deeper: Airbnb highlights S.F. growth after implementing host registration

Go deeper

Cuomo: "No way I resign" after sexual harassment accusations

Cuomo at a Feb. 24 press conference. Photo: Seth Wenig/pool/AFP via Getty Images

New York Gov. Andrew Cuomo (D) was defiant on Sunday, stating again that he would not resign even as more former aides have come forward with allegations of sexual harassment and inappropriate behavior.

The big picture: Cuomo has denied all sexual harassment allegations against him and said that he "never inappropriately touched anybody." He acknowledged in a statement that "some of the things I have said have been misinterpreted as an unwanted flirtation." Some of the calls for Cuomo to resign have come from within the Democratic party.

N.Y. Times faces culture clashes as business booms

Illustration: Sarah Grillo/Axios

New York Times columnist David Brooks' resignation from a paid gig at a think tank on Saturday is the latest in a flurry of scandals that America's biggest and most successful newspaper company has endured in the past year.

Driving the news: Brooks resigned from the Aspen Institute following a BuzzFeed News investigation that uncovered conflicts of interest between his reporting and money he accepted from corporate donors for a project called "Weave" that he worked on at the nonprofit.

America rebalances its post-Trump news diet

Illustration: Annelise Capossela/Axios

Nearly halfway through President Biden's first 100 days, data shows that Americans are learning to wean themselves off of news — and especially politics.

Why it matters: The departure of former President Trump's once-ubiquitous presence in the news cycle has reoriented the country's attention.