CNN cites “multiple sources” informing it that Barack Obama has picked longtime Delaware senator Joe Biden to be his running mate. The New York Times has also posted an article with the same news. The text message to his supporters is scheduled to be sent this morning. Both Evan Bayh (Indiana) and Tim Kaine (Virginia) have been informed that they have not been picked, as has Hillary.
CNN.com: “Sources: Obama picks Joe Biden as VP candidate“
New York Times: “Obama Chooses Biden as Running Mate“
ABC News: “Biden’s Stock Rises in Obama Vice Presidential Speculation“
Boston Globe: “Obama says he has picked running mate“