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European Regulators Ask if Facebook Is Taking Too Much Data

Until recently, few consumers stopped to consider the value of their personal information or how much of it they were forking over in exchange for free online services.But the recent revelations that the voter-profiling firm Cambridge Analytica obtained the personal information of up to 87 million Facebook users have prompted more questions about the data the social media giant is collecting.“If something is being sold at a certain price, you can make an informed decision on whether you’re willing to pay,” said Anisha Sekar, a 27-year-old product manager at RaiseMe, a start-up in San Francisco that helps students earn college scholarships. “With Facebook, it’s difficult to know…

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