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here's your Daily Crunch. Coming up, Spotify does audiobooks. Peloton's

rowing machine finally arrives and Amazon dabbles in synthetic fuels.

Spotify is launching support for audio books on its streaming service offering a third type of

audio content for its customers beyond music and podcasts.

Initially, audiobooks will be made available to US users who will be able to access a

selection of some 300,000 plus titles recommended by Spotify editors.

But over time, the company says it plans to expand audio books to other markets, grow its selection,

and begin to use algorithmic recommendations to suggest books to users as it does now with its other audio formats.

The titles will be discoverable in a new audiobooks hub in the Spotify app and in other areas, including users curated recommendations

where they can be purchased a la cart.

Like other audiobook services, Spotify will offer a set of standard features including the ability to download titles for offline listening, adjust the playback speed, rate titles, and listen across devices.

Up next, the Peloton Row hasn't been a particularly well-kept secret over the last couple of years.

After long-standing rumors, the connected fitness firm teased the rowing machine in a member's video back in May. Today it's finally back with some firm

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