Airbnb settles suit with San Francisco

The city of San Francisco has settled with short-term rental companies Airbnb and HomeAway.

A suit filed by the companies objected to steep fines they would face if their hosts failed to register with the city as short-term rentals.

With the settlement, both sides agreed to streamline the registration process, automatically sending new host applicants from the companies' websites straight to the city's Office of Short-Term Rentals.

Read more from NPR.

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