Disagree. As a user, I want file-level or directory-level analytics. I want to know how much time I'm coding in the backend services vs the front-end react client.
If you have concerns about this, do you also have problems with Github literally having access to all of your code? Or Google having access to your search history?
I'd be more concerned if it wasn't using SSL. That would make sense, but it seems secure on that front.