It's a single toggle to turn off all telemetry (anonymized, limited to feature usage - no reporting of source files/projects that I've seen), which takes a few seconds to configure at install time as it's literally a menu item (Code > Preferences > Telemetry):
> Next, I wanted to see what would happen when I disabled telemetry. After some activity, I checked the log, and found no events were logged. That is good.
