The WordPress.org privacy policy has been updated, hurray! While we weren’t able to remove all the long sentences, we hope you find the revisions make it easier to understand:

how we collect and use data, how long the data we collect is retained, and how you can request a copy of the data you’ve shared with us.

There hasn’t been any change to the data that WordPress.org collects or how that data is used; the privacy policy just provides more detail now. Happy reading, and thanks for using WordPress!