What is the difference between Megabits and Megabytes?
In data and storage measurements, one Megabyte ($\text{MB}$) consists of $8$ Megabits ($\text{Mb}$).
${10}^{6}$ bytes equal one Megabyte, whereas ${10}^{6}$ bits equal one Megabit.
$$\text{Data and Storage}_{\text{Mb}} = \text{Data and Storage}_{\text{MB}} \cdot 8$$