Where Facebook Privacy Settings are Located

Update your Facebook privacy settings here: https://www.facebook.com/settings/?tab=privacy&privacy_source=privacy_lite

Of course Facebook moves this around, so this is where it is today! 12/22/2012 (it's still there 11/24/2014)

And if you want to opt out of personalized ads: How to Opt out of Facebook's Interest based Advertising

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