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You can opt out of having ads targeted to you here: http://www.aboutads.info/choices. Besides Facebook, some 115 companies are participating in the program.
That said, opting out of targeted ads won't stop you from seeing advertisements. They just won't be tailored to you based on your online profile and activities. It also won't stop Facebook (and other companies) from tracking you. It simply means that information won't be used to show ads targeted to you.
© 2014 Associated Press under contract with NewsEdge. All rights reserved.