The Masoretic Hebrew text contains verse endings as an important feature. According to the Jewish talmudic tradition, the verse endings are of ancient origin. The Masoretic textual tradition also contains section endings called parashiyot, which are indicated by a space within a line (a "closed" section") or a new line beginning (an "open" section). The division of the text reflected in the parashiyot is usually thematic. The parashiyot are not numbered.
In early manuscripts (most importantly in Tiberian masoretic manuscripts such as the Aleppo codex) an "open" section may also be represented by a blank line, and a "closed" section by a new line that is slightly indented (the preceding line may also not be full). These latter conventions are no longer used in Torah scrolls and printed Hebrew Bibles. In this system, the one rule differentiating "open" and "closed" sections is that "open" sections must always begin at the beginning of a new line, while "closed" sections never start at the beginning of a new line.
Another related feature of the Masoretic text is the division of the sedarim. This division is not thematic, but is rather almost entirely based upon the quantity of text.
The Byzantines also introduced a chapter division of sorts, called Kephalaia. It is not identical to the present chapters.
The current division of the Bible into chapters, however, and the verse numbers within the chapters, have no basis in any ancient textual tradition. Rather, they are medieval Christian inventions. They were later adopted by many Jews as well, as technical references within the Hebrew text. Such technical references became crucial to medieval rabbis in the historical context of forced debates with Christian clergy (who used the chapter and verse numbers), especially in late medieval Spain. Chapter divisions were first used by Jews in a 1330 manuscript, and for a printed edition in 1516. However, for the past generation most Jewish editions of the complete Hebrew Bible have made a systematic effort to relegate chapter and verse numbers to the margins of the text.
The division of the Bible into chapters and verses has often elicited severe criticism (from both traditionalists and modern scholars alike). Critics charge that the text is often divided into chapters in an incoherent way, or at inappropriate points within the narrative, and that it encourages citing passages out of context, in effect turning the Bible into a kind of textual quarry for clerical citations. Nevertheless, even the critics admit that the chapter divisions and verse numbers have become indispensable as technical references for Bible study.
Stephen Langton is reputed to have been the first person to put the chapter divisions into a Vulgate edition of the Bible in 1205. They came into the Greek manuscripts of the New Testament in the 1400s. Robert Estienne (Robert Stephanus) was the first to number the verses within each chaper; his verse numbers entered printed editions in 1565 (New Testament) and 1571 (Hebrew Bible). (http://www.fuller.edu/ministry/berean/chs-vss.htm) (http://www.theexaminer.org/history/chap6.htm)
1 -[The Bible]
2 -[The Bible : Tanakh]
3 -[The Bible : New Testament]
4 -[The Bible : Chapters and verses]
5 -[The Bible : Biblical interpretation]