Google is now using interest-based advertising. AdSense will now offer ads to users based on sites they have visited in the past. Webmasters can opt-out of this if they want. Another option they have is to allow their visitors to opt-out individually. Google recommends that webmasters change their privacy policies to reflect this. Information on that can be found at Google Advertising Cookie and Privacy Policies - AdSense Help and Inside AdSense: Driving monetization with ads that reach the right audience

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