Why John Cena’s ‘SNL’ hosting gig means big business for WWE

WWE superstar John Cena is hosting "Saturday Night Live" this Saturday on NBC. Cena will be the third WWE performer to host the show in history, after Hulk Hogan and Dwayne "The Rock" Johnson. 

Earlier this week at Business Insider's annual flagship conference IGNITION, we caught up with WWE Chief Marketing Officer and Chief Revenue Officer Michelle Wilson. We asked Wilson about the impact that Cena's hosting gig could have on the WWE brand. She opened up about how important it is for the company's performers to crossover into the mainstream and appeal to audiences outside of the world of sports entertainment. 

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Sean Rad steps down from Tinder CEO role, again (MTCH)

sean rad

Sean Rad, the colorful and controversial CEO of online dating app Tinder, is stepping down...again.

It's the second time Rad has stepped down from the top job at the company he cofounded four year ago, but he's not going away. 

The Tinder CEO position will be filled long-term by Greg Blatt, who is also the CEO of Match Group, Tinder's parent company.

Rad will also lead a new entity within Match, called "Swipe Ventures," which Rad told Business Insider will be focused on buying companies to help Tinder.

"In order to grow the company further, or at least where I can add value ... is to start looking at other companies to buy to expand our footprint," Rad said Thursday. "And I started down that road and quickly realized I don't have a lot of time to do everything." In March, Tinder bought Humin, an app that helped people manage contacts.

Rad cited Google, Facebook, and Snapchat as examples of companies where smart M&A has unlocked new growth. That's what he hopes to do with Tinder, with the broad mandate of buying companies that help Tinder's goal of "eliminating the friction in connecting new people." 

New image

One thing Rad said wasn't a factor in the CEO change was his public image, which has been hit by multiple waves of negative press over the last few years.

When Rad last stepped down as CEO for a time, in 2014, insiders said a sexual harassment lawsuit filed against Tinder by ousted cofounder Whitney Wolfe was partially to blame.

And just before Match Group had its IPO last November, Rad gave a disastrous interview to the Evening Standard, in which he mixed up the word "sodomy" and "sapiosexual," and talked about a famous supermodel begging him for sex. Match Group filed a note about the interview with the SEC.

"The company is doing insanely well," Rad responded when asked if the pre-IPO snafu could have been a factor. "Some of the things we've accomplished in the last year are shocking, particularly if you benchmark it against the industry. This is all positive. This is the result of success not any problems that we're having. This is just about me creating time to go out and grow the company in different ways. We've doubled the size, more than doubled in a lot of areas ... Things are going incredibly well. I'm proud of what I've done."

Rad has been the guiding force behind Tinder's product and strategy, and helped build Tinder into the most influential dating app in the contemporary landscape.

But Tinder can't sit on its laurels, and Rad thinks the company will have to think big in the next chapter.

"I have a belief that there are significant platform changes coming that are going to really disrupt the entire space, from AR [augmented reality] to AI [artificial intelligence]," Rad said. There are more ideas being tossed around Tinder than the company has time to capitalize on, Rad said.

The next phase: M&A.

SEE ALSO: Tinder CEO Sean Rad on his cringeworthy interview: 'I f----- up. I should know better as a CEO'

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Here’s how PlayStation 4 sales stack up to the best-selling game consoles ever (SNE)

The PlayStation 4 is killing it. Sony announced on Wednesday that it has sold 50 million PS4 consoles since the device launched in November 2013. All signs point to that being a good ways ahead of Microsoft’s Xbox One and Nintendo’s Wii U, which is no longer being made.

Considering that the PS4 arrived at a time when many onlookers said the home gaming console was in its death throes, that’s a very strong figure. But as this chart from Statista shows, it’s still a long way from its predecessors.

The PS4 has been on the market for a much shorter time, but it’s hard to say if it’ll ever reach the summit. The PlayStation 2 was many people’s main DVD player, the Wii hit the pre-smartphone casual gamer jackpot, and the original PlayStation was a breath of fresh air that stayed on sale for nearly 12 years.

It’s hard to find that kind of “in” for the PS4, but if the future of consoles is more iterative than generation-based, it could get there by sheer endurance. Whatever the case, Sony probably isn’t complaining.

video game console sales chart

SEE ALSO: Apple Music is gaining steam, but it can't catch Spotify

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How Natalie Portman compares to the real-life Jackie Kennedy’s most iconic looks

natalie portman jackie kennedy movie

Critics are already buzzing about Natalie Portman's portrayal of Jacqueline Kennedy Onassis in "Jackie," the new biopic hitting theaters Friday, December 9. The film tells the story of President John F. Kennedy's assassination from Jackie's perspective, recounting her long struggle with grief in the aftermath of her husband's death.

But before tragedy struck the Kennedy family in November 1963, Jackie was beloved and admired for her timeless style. Any film about the fashionable First Lady must pay particular attention to costume design — and it looks like the designers behind "Jackie" spared no detail in their quest to recreate her iconic wardrobe.

Here's a look at how Portman's costumes compare to the real-life Jackie's looks.

The film's costume designer, Madeline Fontaine, was tasked with recreating some of Jackie's most iconic looks — like this two-piece red wool dress.

According to the film's production notes, Fontaine even tracked down some of the companies that made fabrics for the First Lady back in the 1960s. 

Source: Fox Searchlight



Here's the how the real Jackie looked in the ensemble.

She wore it during a televised tour of the White House in 1962.



Even when the designers didn't replicate a famous outfit, they still stayed true to Jackie's overarching sense of style. Here's Portman in a regal satin gown...



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Something interesting — and possibly alarming — is happening with Tesla stock (TSLA)

Tesla Store Entrance

Investing in Tesla isn't for the weak of will. 

Shares in the all-electric automaker tend to be volatile, and on Wall Street there's a chasm between the bulls and the bears as far as price-targets go. Some have seen the stock plunging below $100, while other has argued that it could touch $500.

Through all this, Tesla has amassed a $30 billion market cap and with shares now trading around $200, the company has certainly rewarded early investors who bought after the 2010 IPO, when the stock traded for around $20.

It's worth it to have a look at Tesla's stock charts from time to time, and with 2016 coming to a close, now is as good moment.

Here's a chart of the stock price over the past five years:

TSLA Chart

Shares really took off in 2013, and with some swoons along the way, peaked in fall of 2014. There was then a slide, followed by a recovery, then a big dip in 2015 before another recovery. Over the full five-year period, the return has been 525%.

Here's a chart of the past year:

TSLA Chart

What we've been seeing since Tesla started to push back toward it's all-time highs is a steady erosion, a grinding decline. The plunge hasn't happened — as it did in early 2016.

And the stage isn't really set for a big drop-off. Tesla posted a profit in the third-quarter, albeit a qualified one because it sold a lot of ZEV credits. The carmaker looks as if it's on track to achieving the low-end of its 2016 guidance for vehicle deliveries, around 80,000. The fourth quarter could be unprofitable, but Tesla's cash burn actually seems to be slowing down as it ramps up production.

The alarming part

That all sounds good, unless you expect Tesla to surge back from a slide, as it did in 2015. That might not happen, as Tesla doesn't have a new product launch — the Model 3 mass-market vehicle — until late 2017, with significant deliveries not arriving until 2018.

That means Tesla could be finding a level, with trading clustered around $200. Volatility could also ease, making the Tesla trade on both the short and the long side less exciting. But this could all vindicate what some analysts have argued is a sort of speed limit on Tesla's near-term growth: the future is already priced into the stock, so buying now doesn't present much upside, at least not right away.

The weird thing about Tesla is that for its entire history as public company, it's only experienced two clearly "mellow" periods: right after the IPO, when its went nowhere; and ... maybe ... now, into early-to-mid 2017. To my eye, this latest low-key episode correlates with Tesla becoming more of a "normal" car company; the biggest challenge is to, you know, build the cars.

But that's a boring big challenge. And without some kind of Trumpian apocalypse on the horizon, with the market for electric car completely collapsing, that boredom could persist for a while.

SEE ALSO: Trump could give the US auto industry exactly what it wants

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