This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on smartphones and Android, follow Dominic Preston. The Stepback arrives in our subscribers’ inboxes on Sunday at 8AM ET. Opt in for The Stepback here. Believe it or not, it didn’t all start with Samsung. Royole, a
Elon Musk’s tunneling startup The Boring Company is in talks to raise a $4 billion funding round at a $20 billion valuation, according to The Wall Street Journal. The deal has not been finalized and the terms could change, says the WSJ. At $20 billion, the valuation would be a significant increase over The Boring