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The lazy way of writing "it is". Used to be seen as "snobby" but is now more common in modern culture.
T.I. is a rapper from the westside of A-Town. He is known for being the King of the South. He's one of the best rappers out.
Lil' Flip is a hattin' rapper from Houston and he needs to stay off of T.I.'s dick.
Alternative for It is, commonly seen in poems (or songs).
My country, 'tis of thee,
Sweet land of liberty,
Of thee I sing;
A contraction of 'it is.' Used mostly by snobby teenagers or zombies from Elizabethan England.
My, 'tis a lovely day for a stroll, is it not?
Texas Instruments
The company popularly known by kids to make calculators. However, they also make DLP (Digital Light Projection) chips, among other tings for the now popular and very light televisions.
TI makes calculators and TV chips in Texas.