Google allows you to manage your personal data like search history, clear the history, turn off history etc. These steps are important to maintain your privacy online. On the lines of Google, Microsoft is also now offering Personal Data Dashboard, where you can review and edit most of the data Microsoft keep about you. Personal Data Dashboard is currently in beta and not much services are available.
As of now you can manage your interests, Bing search history, your brands and newsletters. To get started, you can visit this page- https://choice.microsoft.com/Data/Dashboard/MyData/.
You need to sign in with your Hotmail or live account and change the settings. You can add interests and brands. There is also option to purge Bing search history. You can view all your Bing search history from this page sorted according to dates.
As of now there isn’t much info here, but we expect Microsoft to use this dashboard for more tools.