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Friday, December 19

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Suspected Brown University shooter found dead, authorities say. Following a manhunt that began after a masked gunman killed two students and wounded others in a university lecture hall on Saturday, police said yesterday they had found the body of the suspected shooter in a New Hampshire storage facility. He was also the suspect in the murder of an MIT professor in his home on Monday. Providence’s chief of police identified the suspect as Claudio Neves Valente, a 48-year-old former Brown student, and said he had died by suicide.

Trump eases restrictions on cannabis. In a move that might make yesterday an even bigger day to commemorate than 4/20 in some circles, President Trump signed an executive order directing federal agencies to reclassify marijuana from the most restrictive Schedule I substance category to Schedule III. While that won’t legalize weed or make it available for recreational use, as some states have, it will make it easier to use it in medical research. The change is also a financial boon to the cannabis industry and will likely significantly reduce taxes for cannabis companies. It could also open the door for them to access banks and investments that they couldn’t before due to compliance concerns. Additionally, the order calls for more research into CBD, which could now, in some cases, be covered by Medicare.

TikTok signed agreements to create a new US joint venture. The company said yesterday that it had signed the deals, moving forward with a plan to avoid the app being banned in the US. The agreements are with Oracle, Silver Lake Management, and Abu Dhabi-based MGX. When the deal closes, which is expected to happen next month, it will create a company separate from TikTok’s Chinese parent, ByteDance, that will be majority-owned by the American investors. The new company will be responsible for protecting data, moderating content, and the algorithm’s security in the US, according to a memo to TikTok employees viewed by news outlets.—AR


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