Get surprised: Bakkt acquisition, investors love Air Products’ board, Vanguard’s 4 for 1 policies, and KFC China CEO’s weird fetish

The Random Ask Matt Stuff about the Headlines Game!

Donald Trump’s social media group in talks to buy crypto trading venue

Truth Social owner is close to an all-share takeover of Intercontinental Exchange’s Bakkt

Which one of these key facts surprises you the most? The least? Hoover you want to answer:

Bakkt, which has struggled for profitability since its launch, was created by ICE, and the owner of the New York Stock Exchange still holds a 55 per cent economic interest in it.

Bakkt’s first CEO was Kelly Loeffler, a former head of marketing at ICE and a Republican ex-senator for Georgia during Trump’s first presidency. She is co-chair of the committee organizing his inauguration in January.

She is also married to Jeff Sprecher, ICE’s founder, chair and CEO.

Air Products Refreshes Board Ahead of Face-Off With Activists

Air Products and Chemicals Inc. named two new board members ahead of its shareholder meeting in a potentially defensive move against pressure from two activist investors.

The company named industrials executives Bob Patel and Alfred Stern as candidates for the 2025 board election, according to a statement Monday. Two existing board members — David Ho and Matthew Paull — will not seek re-election.

Pop QUIZ Question: Since 2015, what is the average level of investor support for Air Products and Chemicals Directors?

78%

88%

98%

The CEO of Bluesky's Actual Name Means "Blue Sky" in Chinese

Which thing do you care about most and will either make you join Bluesky?

The CEO of Bluesky is in fact a woman named Jay Graber

Bluesky is an independent public benefit corporation

Bluesky is owned by Jay Graber and the Bluesky team

Bluesky confirms Jack Dorsey is no longer on its board

Dorsey hadn’t seemingly been a particularly active participant at the company. In March, when The Verge’s Nilay Patel asked Graeber for Decoder about his level of involvement with Bluesky, she said she gets “some feedback occasionally,” but implied he’s otherwise “being Jack Dorsey on a cloud,” as Nilay put it. Months before that interview, Dorsey had closed his Bluesky account.

After Elon Musk's acquisition of Twitter, Twitter severed all legal and financial ties with Bluesky Social

CVS strikes deal with activist Glenview Capital for four board seats

Just a few weeks after the health-care giant ousted former CEO Karen Lynch.

Glenview CEO Larry Robbins will join the CVS board effective immediately, alongside Leslie Norwalk, Guy Sansone and Doug Shulman. CVS’ board will expand to 16 members.

Two of the directors–Leslie Norwalk and Guy Sansone–have experience in healthcare. Which of these two useless other di