This is one of the reasons why it's great that the source code of web pages/apps is (relatively, compared to binaries) easy to reverse-engineer - because of their environment inside a browser, web apps have such a low barrier to "phoning home" and making requests that privacy-sensitive information being leaked may otherwise be difficult to notice. Imagine if they were all encrypted/obfuscated binaries... I don't use…
When you say that "privacy-sensitive information" is "being leaked", you make it sound much worse than it is. The information being sent seems completely normal for an online word processor with a revision history, and it's not being "leaked" to anyone besides the company providing the word processor.
When most people hear "revision history", they think of the versions of the document that exist between explicit saves or periodic autosaves, and not extremely fine-grained per-keystroke activity logging.