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Airbnb Reaches Deal With The NYS Attorney General's Office Over User Data

Airbnb has reached a deal to work with the New York State attorney general's office over the subpoena about supplying user data. Initially, the home rental start-up didn't want to provide individuals names or addresses. Airbnb also agreed to clarify New York City laws prohibiting rentals without a host present. Both parties released a joint statement about the agreement noting they struck a balance between protecting New York's residents and tourists from illegal hotels. While at the same time addressing Airbnb's concerns about the privacy of thousands of other hosts. "We believe that this is a strong agreement that best protects our community's data and sets us on a positive path forward," Airbnb said. Kori Hale reports from Wall Street.