Byte vs bit

I tried to find out about that on wiki but I fail.
so bit is - smallest amount of data in computer?
byte is - smallest amount of data in computer after bit? the term byte stems from bite, as in the smallest amount of data a computer could bite at once - I don't understand this

 

Here, read this:
http://web.njit.edu/~walsh/powers/bits.vs.bytes.html

Found that in a quick google for bit vs byte... Good luck

 

@ Kuna
You're right.
I might add that 8 bits make one byte

 

I am confused Too.

 

For me its clear