Update (3:40 p.m.): According to the media relations office, the suspect was seen carrying a gun on campus. Police were contacted and spotted the man who was walking into the building's computer lab. Police followed the man, ordering him to put his hands up. When the man pulled out a gun, police shot him. The school has since been evacuated and police are at the scene.
Original story (3:12 p.m.): The Daily Californian is reporting that a man has been shot at the UC Berkeley Haas School of Business.
We contacted UC Berkeley police, and left a message with the press information officer who is out on the scene. The university's media relations office confirmed that the shooting happened and promised to call us back.
Media outlets are reporting that a man who was holding a gun was shot by a police officer. The man was transported to the hospital.