Does Penelope Cruz Have a New Squeeze?

Rumor has it, she does! Care to guess?

Yup! Bono!

Here’s the scoop:

The U2 front man and the “Volver” actress have been idling in the French Riviera resort, where, last week, they strolled down the beach hand-in-hand.

Such intimacy has naturally stirred Gallic gossip – especially since Mrs. Bono, Ali Hewson, was nowhere around. Still, you should know that Bono and Penelope are sharing a yacht with a number of friends, including Helena Christensen. Also on board are Bono’s daughters, Memphis Eve and Jordan. Even the randiest rock stars tend to behave themselves around their children.

Tags: penelope cruz, bono, celebrity couples, new celebrity couple alert