Photographer: Thomas Trutschel/Getty Images
The bitter, multi-million dollar battle over home-sharing in Jersey City has come to an end -- with Airbnb Inc. losing the fight.
Early results -- which need to be officially certified by the local county clerk’s office -- show about 70% of residents voted to restrict home-sharing companies like Airbnb. The blow comes as the $31 billion tech juggernaut, which is preparing to go public next year, strives to resolve regulatory overhang around the U.S.