Latest illustrator prerelease

This seems to say that if you sign up for the pre-release you are giving Adobe free reign over your confidential information. Am I reading this wrong?

"BY SUBMITTING PERSONAL INFORMATION THROUGH THIS AGREEMENT, LICENSEE UNDERSTANDS AND AGREES THAT THIS INFORMATION MAY BE TRANSFERRED ACROSS NATIONAL BOUNDARIES AND MAY BE STORED AND PROCESSED BY ADOBE AND ITS AGENTS IN ANY OF THE COUNTRIES IN WHICH ADOBE MAINTAINS OFFICES, INCLUDING THE UNITED STATES.

DEFINITIONS:

1:2“Confidential Information” means the Prerelease Software, however acquired, any related information supplied to Licensee by Adobe hereunder, and any Evaluation Feedback. “Confidential Information” whether in written, verbal, graphic or electronic form, including without limitation, (a) the Prerelease Software’s existence, features and functionality, fonts, user interface details (including screen shots), capabilities, specifications, architectural diagrams, APIs and related information, serial numbers, login identifiers, passwords, Adobe development and shipping schedules, Adobe email lists, bug databases, know how, trade secrets, and source code;

1:6 “Licensee Content” means any content that Licensee uploads, posts, and/or emails, including but not limited to, information, data, documents, communications, files, text, images, photographs, graphics, videos, webcasts, tools, resources, software and products that Licensee transmits or otherwise makes available as part of Licensee’s testing of the Hosted Services. For the avoidance of doubt, test results provided by Licensee to Adobe regarding the Hosted Service is excluded from this definition and is subject to the Evaluation Feedback provision in the Agreement.

TERMS OF CONTRACT:

2.2 Usage Tracking. Licensee acknowledges that Adobe may collect information on Licensee’s usage of the Prerelease Software, including Personal Information, and may use such information to modify, improve, or enhance the Prerelease Software or Licensee’s ability to access and use the Prerelease Software. The Prerelease Software provided to Licensee may have usage tracking features that are turned on by default, and Licensee’s usage may be tracked on all services, mobile apps and desktop applications offered by Adobe as Prerelease Software. “Personal Information” is hereby defined as name, address, phone number, e-mail address, IP address, other personally identifying information of the Licensee.

Latest Prerelease is 23.0.1

You can get it by going to https://www.adobeprerelease.com/beta/85A6F544-2705-49BD-8314-DD549C6A1713

Many bugs have been reported in release 23 and Adobe will soon release 23.0.1.

This is not confidential knowledge.

You would need to be a member in this: https://www.adobeprerelease.com/

And if you are, please discuss prerelease question only there.