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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

1 hour ago - Health

Boris Johnson announces month-long COVID-19 lockdown in U.K.

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in the U.K., Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

Updated 2 hours ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat.
  2. World: Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.