All eyes on Google's new gadgets; Mylan's cheaper EpiPen isn't ready yet, and more news.

Share this using the hashtag #DailyRundown.

Google is expected to release a slew of hardware updates at today’s event in San Francisco. On the radar: two new smartphones (the Pixel and Pixel XL, “two of the worst-kept secrets in tech”), a snazzy new Chromecast, the Daydream virtual reality headset (which may be priced as low as $79), information about Amazon Echo competitor Google Home, and more. The event begins at 9am Pacific and you can watch the livestream here.

Is Netflix the next takeover target? Investors seem to think so — shares jumped on rumors that Disney (or maybe Apple?) is eyeing the streaming service. The House of Mouse has already partnered with Netflix on various initiatives, including Marvel collaborations like “Luke Cage” and “Jessica Jones.” The big question, though: Does Netflix even want to sell?

The IMF will release its World Economic Outlook this morning, beginning a week of meetings in Washington, DC. “With the IMF signaling another downgrade to global growth, finance ministers and central bankers from around the world will grapple with weak output, the growing risk of a deflation trap and debt levels heading into the stratosphere,” says the Wall Street Journal.And on Saturday, the Chinese yuan joined the US dollar, the euro, the yen, and the British pound in the IMF’s basket of reserve currencies. It’s the first to be added since the euro in 1999.

Mylan’s cheaper version of the EpiPen may be delayed: A spokesperson for the drugmaker said that the authorized generic version will be available by the end of the year, potentially months later than the “several weeks” promised on August 29th. The generic alternative will be $300 for a two-pack, compared to over $600 per two-pack for the branded EpiPen version. Meanwhile, Mylan needs to supply additional documents about its pricing structure to Congress by Friday.

Facebook is in talks with several countries to test its drone technology. The trials would be part of Facebook’s efforts to expand Internet bandwidth across the globe, similar to Google’s balloon-powered Project Loon. Around 57% of the world isn’t connected to the Internet, according to Martin Gomez, Facebook’s director of aeronautical platforms. The trials could begin in 2018.

LVMH bought a $716 million controlling stake in German luggage company Rimowa. “After a rare retreat this summer with the sale of Donna Karan International Inc. for $650 million, the French firm appears to be back on the hunt,” writes the WSJ. Rimowa is the first German brand to join the company’s roster of luxury brands, which include Marc Jacobs, Louis Vuitton, and champagne-maker Dom Perignon.

Cover Photo: Google CEO Sundar Pichai speaks during Google I/O 2016 at Shoreline Amphitheatre on May 19, 2016. (Photo by Justin Sullivan/Getty Images)