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KABUL, Dec. 1 (Xinhua) -- Casualties were feared as a blast ripped through northern neighborhood of Afghanistan's capital Kabul on Friday Devin Funchess Panthers Jersey , a witness said.


"The bomb blast occurred roughly at 06:55 a.m. (local time) in Sarah-e-Shamali locality with a big bang, causing panic among the residents in Police District 11 of the city," Roya Khojazada told Xinhua.


The blast was followed by siren of ambulances and police vehicles. People in the area were sleeping as they were enjoying Friday's day off.


Friday is national holiday in Afghanistan.


"A bomb attack struck a police vehicle near Sarah-e-Shamali Square. We still cannot provide details on causalities. There is fear of possible causalities," a security source told Xinhua anonymously, adding more information will be shared with media later by Kabul police.


Police were investigating the incident.


Security forces have cordoned off the area for precautionary measures Shaq Thompson Panthers Jersey , he said.




Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of US$48 billion, a 30 percent discount to its most recent valuation of US$68.5 billion, a person familiar with the matter said on Monday.


The investment, which was approved by the Uber board in October, would also trigger a string of governance changes at Uber that would limit some early shareholders’ voting power Daryl Worley Panthers Jersey , expand the board from 11 to 17 directors and cut the influence of former Chief Executive Travis Kalanick.


The investment and board moves are supported by new Chief Executive Dara Khosrowshahi and come at the end of a year of scandals and change for Uber, including the announcement last week that executives covered up a major hack in 2016.


The consortium of investors led by SoftBank and Dragoneer Investment Group plan to take a stake of at least 14 percent in the ride-services company. The tender offer was set to launch yesterday, sources told Reuters, and investors have nearly a month to respond.


The SoftBank-led investor group will acquire two of the new board seats, with the remaining four going to independent directors.


If there are not enough interested sellers James Bradberry Panthers Jersey , SoftBank can still walk away from the deal. SoftBank is also expected to make a separate US$1 billion investment in the company at the US$68.5 billion valuation.


Another person familiar with the deal said the offer price was in line with what investors had been expecting. SoftBank’s offer is close to what Uber was worth in 2015, when shares were priced a little under US$40 apiece for a US$51 billion valuation, according to data from PitchBook Inc.


Even at the discounted price, Uber is the world’s second-highest valued private venture-backed company, after China’s ride-service company Didi Chuxing Harrison Butker Panthers Jersey , and the offer is a chance for early investors to lock in substantial profits and for employees to cash in shares that have to date only had value on paper. Shareholders, including employees, with at least 10,000 shares.
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