International roving rock pundit and all-round good guy Bono has stuck one of his many, many fingers into the Silicon Valley pie.

The busy Irishman has apparently taken time off from chinwagging with the Pope and lecturing hapless world leaders on how to run their countries to join Elevation Partners, a venture capital outfit intending to splash out on entertainment and media projects.

Also on board are technology investor Roger McNamee, John Riccitiello, ex-prez of Electronic Arts, and former Apple Computers finance chief Fred Anderson. The team reportedly aims to raise $1bn, but remains tight-lipped on details.

Bono is, of course, most famous for his work with Debt AIDS Trade Africa, although he also sings with an up-and-coming pub band in his spare time. ®

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