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Definitions for bits:

Jargon File (4.3.1, 29 Jun 2001) :
bits pl.n. 1. Information. Examples: "I need some bits about file formats." ("I need to know about file formats.") Compare core dump, sense 4. 2. Machine-readable representation of a document, specifically as contrasted with paper: "I have only a photocopy of the Jargon File; does anyone know where I can get the bits?". See softcopy, {source of all good bits} See also bit.

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Bits can be implemented in many forms depending on context. ... Bits are manipulated in the volatile memory of a computer, and can further be ...

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Background Intelligent Transfer Service - Wikipedia, the free encyclopedia
Background Intelligent Transfer Service (BITS) is a component of modern ... BITS is exposed through Component Object Model (COM), making it possible to use ...

Technology - Bits Blog - NYTimes.com
The Bits blog from the New York Times reports on the technology industry, including start-ups, the Internet, enterprise and gadgets
 

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