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Telecommunications & Media

Park Yoon-young of KT says no decision on merging media affiliates

KT CEO Park Yoon-young (박윤영) said there has been no decision on integrating the company’s media affiliates, despite considering various options as circumstances change. He also said KT has not received any official request regarding a merger between Tving and Wavve, adding that any future request would be reviewed in light of market conditions and company interests. Park also outlined a “physical AI” plan and commented on an ongoing tax probe.

AI & Enterprise

Google search ecosystem shifts as AI mode fuels reality of open web decline after 1 year

It has been a year since Google introduced AI Mode, a natural-language AI search feature that provides conversational answers instead of links. Research cited by The New York Times showed users spend 1 to 9 minutes longer in AI Mode than in traditional search, and about 75 percent of sessions do not lead to other websites. Publishers, companies and banks worry traffic is falling. Google rejects claims it threatens the open web and says it still sends billions of clicks outward.

Industry

Genesis weighs entry-level EV priced in 44 million won range

Genesis is reviewing ways to expand into the mass market with a more affordable electric vehicle, keeping open the possibility of an entry-level model. Genesis executives leading its European business are assessing demand. A candidate is a model based on Hyundai Motor’s small electric hatchback Ioniq 3, using existing EV architecture rather than a new platform. Genesis says it is focusing on long-term growth, while its electrification strategy also includes hybrids and range-extended EVs.