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Under fire from senators, Facebook's Mark Zuckerberg says he'd welcome the 'right regulations'

"Let me just cut to the chase. If you and other social media companies do not get your act in order, none of us are going to have any privacy anymore," Sen. Bill Nelson (D-Fla.) told Zuckerberg, who was making his first appearance on Capitol Hill, underscoring the severity of Facebook's crisis.

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