See Wikipedia - and weep?

Forget the k/K.

As of 2005, the standards work out as...

All multiples can either be ten or two based (1,000 or 1,024 multiples).
The binary forms are always capitalised K/M/G/P/E/Z/Y followed by a 
lower case "i". These are followed by "B" for bytes or "bit" for bits.

 The decimal forms don't have the "i" and use a lower case "k" as an 
exception. The bytes stay with "B" but the bits use just "b".

That's all the currently favoured forms.

See <http://en.wikipedia.org/wiki/Mebibyte> and 
<http://en.wikipedia.org/wiki/Mebibit>.

Also see Baud <http://en.wikipedia.org/wiki/Baud> and Bitrate 
<http://en.wikipedia.org/wiki/Bits_per_second>. I always forget what 
baud is all about and some people think it's synonymous with bit rate, 
but it isn't!


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