Read it careful, because they had to use careful wording:
Quote:
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We can confirm that we are not building a historical database of program and user IP data. Like all online services, IP addresses are necessary to connect to our service, but we periodically delete them from our logs. As our privacy statements indicate, we take steps to protect our users’ privacy on the backend. We don’t use this data to identify, contact or target advertising to our users and we don’t share it with third parties.
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Yes, they are spying on you, but they promise to "periodically" delete the logs.
