Inflation data from the U.S. and U.K. are stoking recession concerns, but the counterpoint of strong retail sales in China and America suggest there's more nuance to the economic outlook. We ponder the future business model of streaming following chatter around the future of Hulu. And a lesson in media training and data security as Big Tech executives are summoned to Capitol Hill yet again.

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• Disney CEO Bob Chapek says he’d like to own all of Hulu ‘tomorrow’ but says chances of an early deal are slim (CNBC)
• Twitter whistleblower disclosure 
•  FedEx Reports Preliminary First Quarter Financial Results and Provides Update on Outlook 
• TikTok’s C.E.O. Navigates the Limits of His Power (NYT)
• How China became big business for Twitter (Reuters)
• Bouygues: Proposed merger between the TF1 and M6 Groups abandoned

Music credit: Joseph McDade