Couple claim they suffered significant loss due to alleged unsuitable investment advice
by Mary Carolan, Irish Times
U2 drummer Larry Mullen and his partner have sued their former accountants claiming they have suffered significant loss of more than €11 million due to alleged unsuitable investment advice.
The alleged advice related, among other matters, to a €3 million investment in a 'European hotel fund' and a €4.5 million loan for an investment in Romania, it is claimed.
In addition to at least €7 million investment losses, the couple claim they have incurred further significant liabilities related to loans issued in connection with the investments and bank funding costs.
The case relates to agreements dating from late 2000 under which Mr Mullen and his partner Ann Acheson allege they retained Gaby Smyth and Company accountants and/or Gaby Smyth as a sole trader in relation to their financial, taxation and investment affairs.
In case you missed it, all four members of U2 recorded an acoustic live session on Jo Whiley's BBC Radio 2 Show at Maida Vale in London on October 15. The band was also interviewed by Jo Whiley. Listen to U2 performing "The Miracle", "Every Breaking Wave", "Cedarwood Road", "Song for Someone" and "Stuck in a Moment":
U2 frontman says his trademark dark glasses are due to chronic ocular condition that can make eyes more sensitive to light
by Hannah Ellis-Petersen, The Guardian
For two decades his insistence on wearing sunglasses, even when indoors, has been seen simply as part of his rockstar image.
But Bono, 54, has revealed that his trademark shades are instead there to alleviate difficulties caused by a chronic eye condition.
Speaking on BBC1's Graham Norton show, the U2 frontman explained that for the past 20 years he has had glaucoma, a condition that can make eyes more sensitive to light.
Asked by Norton whether he ever removes his shades, Bono replied: "This is a good place to explain to people that I've had glaucoma for the last 20 years. I have good treatments and I am going to be fine."
Interviewed earlier today (October 16, 2014) on the Lauren Laverne's radio show on BBC Radio 6. The full 20 minute audio interview is presented below.
Lead issues video apology for marketing stunt at September Apple launch in which new album was given to 500 million users
by Robert Booth, The Guardian
For a global rock band that has sold more than 150m records worldwide, won 22 Grammy awards and has a frontman whose ego is as big as the stadiums they sell out, U2's explanation for why gave away their latest album to half a billion iTunes users seems unlikely: they were worried that otherwise no one would listen.
The Irish band's lead singer, Bono, has issued a contrite video apology for last month's marketing stunt which angered thousands of users of the music software who found that regardless of their tastes they woke up one day to find U2's album Songs of Innocence had appeared on their phones or iPods. U2 worked with Apple to ensure the album, which received a lukewarm critical reception in some quarters, was given away to an estimated 500 million iTunes account holders as part of the promotional exercise that went along with the launch of the California tech giant's latest phone.
Bono apologised in response to a question from a Facebook user named Harriet Madeline Jobson in a question-and-answer session on the social network site which had been billed as a celebration of the launch of the band's 13th studio album of a 34-year career. She asked: "Can you please never release an album on iTunes that automatically downloads to peoples' playlists ever again? It's really rude."