Uber makes news often, this time it did with its fare cuts. Uber drivers did not welcome the trimming in price and gathered on Monday to protest the move at the New York City headquarters. Their demands are either the company restores the prices or should be ready to face a backlash.

Being there at the New Year bash till the bell rings can be fun but going home after that can get pricey as rideshare prices can just shoot up with growing demand. During the peak hours, a cab may cost double or more says Uber. The ride sharing service said it expects the demand to be maximum during12:30am to 2:30am and the prices would surely be the highest at that time.

Sidecar, the pioneer in ride-sharing concept will be closing at the end of this year.

On Wednesday, Uber launched "UberRush", marking an entry into the home delivery competition. San Francisco's local businesses can now use Uber services to deliver to people's homes.

On Tuesday, Travis Kalanick, the chief executive of Uber Technologies Inc, the smartphone based car hailing service said that the Chinese arm will be entering hundred new cities in one year. It is a plan that will rapidly speed up the earlier goal of fifty cities.