If you’re planning on watching — or running in — the New York City Marathon this weekend, you’re going to see Airbnb's corporate logo all over the place. The home sharing company is sponsoring the race for the third year.
But whatever warm, fuzzy feelings it hoped to generate, Airbnb is on the defensive in New York — fighting a new law signed last week that will drastically restrict its business model by fining users up $7,500 for posting illegal listings on the site.
Airbnb's fight with Albany resembles another tech company's clash with the city: Uber. The ride-hailing service launched in New York City in 2011 and was met by wary legislators and a hostile taxi industry. But Uber's bad days seem to be mostly behind the company.