What's a local employee? | Higher ed, real estate revamps | Charlie Baker's next move

Welcome to the BBJ's LinkedIn Weekly Edition! I'm Digital Editor?Jess Aloe, bringing you the top business stories from this week, plus what's going on in Boston's tech economy.??This week...

Who is a local employee?

How do you define a Massachusetts-based employee?

It’s a question that once seemed to have a mostly straightforward answer: Anyone who works at a worksite that's physically in Massachusetts. But in the wake of the pandemic and the proliferation of work-from-home offices, the question has become a lot more complicated. A Boston Business Journal investigation over the past two months has revealed that in the absence of comprehensive guidance from state and federal regulators, Massachusetts employers have come up with a range of different answers to that question.

Read the full story from Lucia Maffei here.

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What else happened this week:

Charlie Baker’s next move

Gov. Charlie Baker, who will leave office in January, will be the next president of the NCAA. He got the gig after a recommendation from Red Sox CEO Sam Kennedy.?Read more.

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Increased higher education funding

The state Board of Higher Education unanimously approved on Tuesday a plan to dramatically increase the amount of state funding available for financial aid. Board members hope the initiative will be financed through the state’s newly passed so-called millionaire’s tax. Find out the details from Grant Welker here.

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A cannabis dispensary is closing

The Source, in Northampton, is the first dispensary in Massachusetts to shut its doors. Read more from Cassie McGrath here.

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A real estate revamp

Boston Mayor Michelle Wu on Thursday proposed sweeping changes to real estate development in the city, seeking to hike fees and ramp up affordable-housing requirements while at the time speeding up the approvals for some projects. Get the details here.

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Motherboards and molecules — this week in Boston's tech economy:

After laying off hundreds of workers this year, Boston-based @ Snyk Ltd. received additional late-stage funding from new investors—at a price.

The cybersecurity unicorn announced late Monday a $196.5 million investment led by Qatar Investment Authority , or QIA, the wealth manager for the State of Qatar. Get the details here.

In one of the largest acquisitions of a drug this year, Takeda has agreed to buy a drug in mid-stage development for autoimmune diseases for $4 billion, upfront plus $2 billion in milestone payments from Cambridge-based Nimbus Therapeutics LLC. Read more.

Cambridge drugmaker Moderna Inc. gained billions in market cap Tuesday morning after it announced that a trial of 157 patients with melanoma showed its experimental drug helped reduce the risk of recurrence or death by 44%. Find out more.

Zappi , which opened its Boston office in 2014, is bringing in its largest chunk of venture capital funding since the marketing tech company's inception in 2013.

The London-based company said on Tuesday it raised $170 million in growth capital from Sumeru Equity Partners and co-investors. Learn more about the deal here.

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Finally...

This newsletter will be off next week and the week after. Enjoy your holidays and happy New Year!

This Weekly Edition was compiled by Jess Aloe. This is a new feature from the Boston Business Journal, and she wants to hear your thoughts. Questions? Comments? Concerns??Send them her way.