Cardinal Jorge Mario Bergoglio of Argentina has been elected as the new Pope, choosing the name Francis I. (Update, 5:17 Eastern: The Vatican says it's Francis, without the numeral.) He's the first non-European, first South American, and first Jesuit to ever to be elected Pope. (He's also the first Francis, obviously.) The 76-year-old Bergoglio is believed to have finished second in the last papal conclave in 2005.

Check out all our our previous updates from a big day the Vatican below:

UPDATE (3:54 p.m.): Our own Philip Bump has everything you need to know about Francis I, who he is and where he came from. Connor Simpson has all the reactions and images from the wild scene in St. Peter's Square.

UPDATE (3:51 p.m.): One last look at the Italian newspaper, La Stampa, which always has the most complete coverage of the Vatican:


 

UPDATE (3:33 p.m.): And now it's official:

UPDATE: (3:25 p.m.): Here he is. His first words to the faithful were: "It seems to me that my brothers and cardinals have chosen one who is from far away, but here I am."

 

UPDATE (3:21 p.m.): Bergoglio's Wikipedia page is already up-to-date and he hasn't even come out of the church yet.

UPDATE (3:20 p.m.): We're still awaiting the first appearance of Pope Francis, named after the legendary Catholic saint, Francis of Assisi. He's also the first pope from Jesuit order.

UPDATE (3:15 P.M.): In a big surprise, Jorge Mario Bergoglio of Argentina has become Pope Francis I! He's the first non-European ever to become Pope. He is believed to have finished to second to Benedict in 2005. Gamblers had him tabbed as a 25-1 long shot.

UPDATE (3:12 p.m.): DOOR'S OPEN

UPDATE (3:06 p.m.): There's movement behind the curtains and spotlights on the balcony. Should be any moment now.

UPDATE (2:59 p.m.): This is the prepared announcement that the will be read to introduce the pope, based on what was read when Benedict XVI was elected in 2005. Cardinal Jean-Louis Pierre Tauran of France will introduce the pope (unless, he is the new pope) in his role as the Cardinal Protodeacon.

IN LATIN:

Annuntio vobis gaudium magnum; 

habemus Papam;

Eminentissium ac Reverendissium Dominum,

Dominum [Josephum (The Latinization of his given name)]

Sanctae Romanae Ecclesiae Cardinalem [Ratzinger]

Qui sibi nomen imposuit [Benedictum XVI.]

TRANSLATION:

I announce to you with great joy;

We have a Pope;

The most eminent and most reverend Lord

Lord [Joseph]

Cardinal of Holy Roman Church [Ratzinger]

Who has taken the name [Benedict XVI]

UPDATE (2:52 p.m.): Here's the front of the Vatican's website right now:

UPDATE (2:42 p.m.): The name on the @Pontifex account has changed from "Sede Vacante," back to Pontifex.

UPDATE (2:38 p.m.): The Vatican's band and members of the Swiss Guard have made their way into the square, in preparation for the pope's arrival.

UPDATE (2:26 p.m.): The live stream at the very bottom of the post that was dedicated to the chimney, is now solely focused on the balcony at St. Peter's Basilica, where the pope will make his first appearance. For a more general stream of the action in the square, you can click here. 

UPDATE (2:19 p.m.): This is an actual tweet from the Vatican's official account:

UPDATE (2:15 p.m.): As we speak, the new pope is changing into his new robes in the Room of Tears and the cardinals will prepare to introduce him from the balcony, overlooking St. Peter's Square. We should know his idea in less than an hour.

UPDATE (2:10 p.m.): There was a little confusion about the color of the smoke, but once the bells started ringing across the Vatican, the assembled crowds began cheering wildly. The Pope ... who ever it is ... will now pick his name and will be introduced very soon.

UPDATE (2:05 p.m.): It's appears we have a new pope ... more to come.

ORIGINAL POST: It's Day 2 of the papal conclave and after two morning votes, we still don't have a pope. The first of Wednesday's two conclave sessions ended around 6:40 a.m. Eastern Time (nearly noon in Rome), with the iconic black smoke revealing that nothing has been decided yet. The conclave will take a midday break before returning in the late afternoon (Rome time) for a second session.

The cardinals schedule two votes in each session, but they only send up smoke after the first vote if it's white. Otherwise, the smoke signal (black or white) comes at the end of each session.

You can continue to watch the live stream of St. Peter's Square below, which will turn back to focus on the chimney when the next signal is expected later today. The first chance for a white signal would be around 6:00 p.m. Rome Time (1 p.m. Eastern/10 a.m. Pacific), but if the fourth ballot fails, then the next and last signal of the day would be about one hour later, near 7:00 p.m. Rome time. Keep checking back throughout the day for more updates.

UPDATE (12:15 p.m.): It's a little after 5:00 p.m. in Rome right now, and the Cardinals should be in the process of holding their fourth vote for pope. (Remember, Benedict XVI was elected on the fourth vote.) If a winner emerges in this round, you can expect a puff white smoke some time around 1 p.m. Eastern, possibly sooner. If there's still no winner, there won't be signal until after the fifth vote, which should wrap up about an hour later. If that one is black, the conclave will continue on Thursday. Keep watching the sky, below ...

Update (12:42 p.m.): A rogue seagull has decided to make the chapel's chimney his new perch. He was there briefly about an hour ago, but is now camped out and seems to like all the attention. 

Oh, and here's some actual conclave gossip:

Bird Update (12:54 a.m.): The seagull just got chased off the chimney by another seagull, who has now taken over the watch. Incredible drama.

Update (1:00 p.m.): While you're waiting, you might also want to check out this story. The Vatican revealed today the process they use to make the black and white smoke, including the actual chemicals burned to produce the color. If you can tear your eyes away from the birds.

Update (1:13 p.m.): Vatican experts say enough time has has passed that the first ballot of the afternoon (the fourth total); probably did not result in a verdict. (Otherwise, we would have seen the white smoke by now. The next threshold would be 2:00 p.m. ET (7pm Rome time). We should get a signal by then, no matter what.