Facebook survives

Facebook has successfully overcome the Cambridge Analytica scandal as its shares returned to pre-crisis levels, CNN's Dylan Byers writes. "Several sources inside the company say their hardest days are behind them."

Go deeper: Byers highlights a Recode interview with former Facebook product manager Antonio García-Martínez who points out that "most people don't care about privacy." As Axios' Dan Primack wrote yesterday, Wall Street is no longer worried that the privacy scandal will either diminish Facebook usage or lead to costly U.S. regulations.