Bloomberg reported Uber co-founder and former CEO Travis Kalanick plans to sell about 29% of his stake in the human-cloud, ride-sharing company for about $1.4 billion to SoftBank Group Corp. and a consortium of investors who have agreed to buy equity valuing Uber at $48 billion. Kalanick, who owns 10% of the company, had offered to sell as much as half of his stake — the maximum board members were allowed to tender.