Weekend Reading — The Latest Open Government Plan (Post-Edward Snowden)

Sunshine is the best disinfectant. As it turns out, we might need something a little stronger these days.

News Byte

Yahoo Increases Share Buyback Plan to $5 Billion and Announces Debt Deal

Yahoo’s board, which just met, has increased its share buyback authorization by $5 billion, a move which should keep its already Alibaba-lifted stock in place for the short term. The Silicon Valley Internet giant also said it was doing a $1 billion debt offering of convertible senior notes and that it intends to use the money for things like stock buybacks and possible acquisitions. Yahoo has been aggressively purchasing its own stock under the tenure of CEO Marissa Mayer.

Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur’s Time

For the PR boost alone, it might be worth it.

With Low Expectations for Q3, Wall Street Hoping for New Yahoo CEO Mayer to Shine a Light at End of Tunnel

And make sure it’s not an oncoming train.

What Will Marissa Do?: Here’s Yahoo’s 2011 Three-Year, 21-Page Product Strategy Plan That Reads a Lot Like Mayer’s New Vision

Personalization? Check! Mobile first? Check! Invest in ad tech? Double check!

What Will Marissa Do?: Mayer Set to Reveal Her Strategy to Troops This Week in an “Act of Radical Transparency” (Internal Memo!)

Memo to Ron Bell: While it might “uncool” to publish internal memos from the Silicon Valley Internet giant, I am going to risk looking unhip.

June 30 Deadline for Apple Subscriptions