As if it wasn’t bad enough that RIM has been unloading a ton of money
into U2 with out gaining a good return. U2 hasn’t showed any love at their
concerts, and have sported only a handful of banners. It was just
recently reported that none other than Bono and his investment company, Elevation Partners,
has purchased 2.2 million shares of Palm stock at $35 million. This
puts Bono at owning 42% of the Palm company. While he racks it in from
Research In Motion, you can guess what phone he uses.
September 25, 2009