What's the difference between megabits and megabytes?

One megabyte is equal to eight megabits, but the terms are used in specific ways: Megabits per second (mbps) are generally used to describe the speed of an Internet connection, whereas megabytes (MB) usually refer to the size of a file or storage space.

In practical terms, one megabit per second is slow but usable broadband Internet. Five to ten web pages, one minute of music, or a half a minute of video is about one megabyte of data.