screen.studio is macOS screen recording software that checks for updates every five minutes. Somehow, that alone is NOT the bug described in this post. The /other/ bug described in this blog is: their software also downloaded a 250MB update file every five minutes.
The software developers there consider all of this normal except the actual download, which cost them $8000 in bandwidth fees.
To re-cap: Screen recording software. Checks for updates every five (5) minutes. That's 12 times an hour.
I choose software based on how much I trust the judgement of the developers. Please consider if this feels like reasonable judgement to you.