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2 definitions found
 for bits
From V.E.R.A. -- Virtual Entity of Relevant Acronyms (September 2014) :

  BITS
         Background Intelligent Transfer Service (MS, Windows)
         

From The Jargon File (version 4.4.7, 29 Dec 2003) :

  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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