I will first say that having a favicon in a Web page is a good thing (normally).
However it is not always desired and sometime developers need a way to avoid the extra payload. For example an IFRAME would request a favicon without showing it.
Worst yet, in Chrome and Android an IFRAME will generate 3 requests for favicons:
"GET /favicon.ico HTTP/1.1" 404 183
"GET /apple-touch-icon-precomposed.png HTTP/1.1" 404 197
"GET /apple-touch-icon.png HTTP/1.1" 404 189
The following uses data URI and can be used to avoid fake favicon requests:
<link rel="shortcut icon" href="data:image/x-icon;," type="image/x-icon">
For references see here:
UPDATE 1:
From the comments (jpic) it looks like Firefox >= 25 doesn't like the above syntax anymore. I tested on Firefox 27 and it doesn't work while it still work on Webkit/Chrome.
So here is the new one that should cover all recent browsers. I tested Safari, Chrome and Firefox:
<link rel="icon" href="data:;base64,=">
I left out the "shortcut" name from the "rel" attribute value since that's only for older IE and versions of IE < 8 doesn't like dataURIs either. Not tested on IE8.
UPDATE 2:
If you need your document to validate against HTML5 use this instead:
<link rel="icon" href="data:;base64,iVBORw0KGgo=">
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