Is Malwarebytes a threat to my privacy?

Disclaimer: I searched the sub before asking this, because I figured it may be a common question, but I didn’t find the answer.

So I use Malwarebytes and I like it, its stopped a lot of things over time.

However, I recently read their privacy policy, and it’s full of vague lines about how they’re tracking different types of data and very specifically they also track your location.

Honestly, I’m not quite sure if I trust it anymore. Are these just basic things my ISP tracks anyways? Or is this something more serious?

If privacy concerns are justified, what alternatives are there?

Privacy Galaxy!