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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
14$ per month looks pretty expensive.
Ublock Origin is free.
The ads are not the main problem, the main problem is how the "personal ads" are chosen by harvesting and sharing all your private data.
A tracker blocker is a more suitable solution along with the ad blocker.
Privacy Badger does a good job blocking Facebook trackers.