Refactor away the complexity in EntityTile component

### Your use case

We should remove some of the complexity from this component:
1. We probably don't need both `shouldShowPresence` and `suppressOnHover` props, one should be enough since they're both used to enable/disable rendering presence.
2. `subtextLabel` prop and the associated code for rendering it can also be removed since it's not used anywhere(?)

### Have you considered any alternatives?

_No response_

### Additional context

_No response_

Search for the EntityTile component and usages of shouldShowPresence, suppressOnHover, and subtextLabel; read the component and its callers to understand the current presence-rendering behavior. Done means the redundant presence prop and unused subtextLabel code are removed without remaining references or changed behavior.

Written by the indexing model from the issue text.