Uber confirmed the price cuts to us in an email but wouldn't divulge which of the 128 cities it services would get the discounts (c'mon New York!). The move has been in the works for a while now: the Journal pointed out last January that the company experimented with price cuts while demand slowed over the winter, and Valleywag reported that the cuts could remain permanent in some cities. Guess they liked what they saw. While this may be good news for you and me, current Uber drivers (who, let's remember, can do very well for themselves) may wind up taking a financial hit unless they drive more hours. And then there are the drivers who work for dedicated cab companies -- some folks are worried that they'll go extinct completely in some locales.