This bug was fixed in the package ubuntuone-control-panel -
3.99.0-0ubuntu1

---------------
ubuntuone-control-panel (3.99.0-0ubuntu1) quantal; urgency=low

  * New upstream release.
    - Improve upload/download limit UI. (LP: #847227, #985484)
    - Fix sorting of shares and folders. (LP: #1006385)
    - Use suggested path for server path comparisons. (LP: #1005574)
  * debian/control:
    - Update build dependencies in preparation for running tests during builds.
  * debian/watch:
    - Update to use stable-4-0 series for Quantal.
 -- Rodney Dawes <rodney.da...@ubuntu.com>   Wed, 20 Jun 2012 16:42:13 -0400

** Changed in: ubuntuone-control-panel (Ubuntu Quantal)
       Status: Triaged => Fix Released

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https://bugs.launchpad.net/bugs/985484

Title:
  Qt control panel says kilobits per second, means kibibytes per second

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