- Batted: After spending $90M on “Batgirl,” Warner Discovery is scrapping the DC flick (which it had planned to release directly to HBO Max). Warner’s new execs are shifting focus back to box-office hits as losses mount.
- Taipei: House Speaker Nancy Pelosi became the highest-ranking US official to visit Taiwan in 25 years. Last week’s historic visit drew China’s wrath and rattled global markets.
- Bubbly: Pepsi invested $550M in “healthy” energy-drink maker Celsius. As soda declines, big bev companies have shifted to functional beverages (think: vitamin-packed energy drinks and enhanced waters).
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