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Los Gatos, California, based Arx Pax, on Wednesday, announced that it has signed a Space Act Agreement with NASA. The partnership includes Magnetic Field Architecture (MFA) technology of Arx Pax, which will be used to make micro-satellite capture devices. Such devices have the ability to manipulate and couple satellites from a distance.

The MFA technology conjures up pictures of the tractor beam used in ‘Star Trek’. In an email to FoxNews.com, Arx Pax CEO Greg Henderson explained, “Likely uses for this technology include manipulating various types of objects at a distance without touching them or colliding with them. One example could be moving an object, like a satellite, or holding it stationary without physical contact”.

According to the estimations of a new study, there are around 3.04 trillion trees on planet Earth, which means around 400 trees for every person. Researchers mentioned that before humans started cutting down the forests, the Earth was home to around twice as many trees.

A postdoctoral fellow at the Yale School of Forestry & Environmental Studies, Thomas Crowther, who led the study, said that since the start of human civilization, the number of trees cut down is around nearly 3 trillion. Crowther said that it was an astronomical figure.

The earlier estimations of Earth's current tree population put the number of trees at 400.25 billion, which is almost an order of magnitude less than the new tally.

The tech giant Google has unveiled its first logo update since 2013. Goggle said in a statement that it changed its multi-colored logo to make it easier for users to use it on apps and mobile devices.

The company explaining the redesign said in a blogpost that it has changed a lot over the past 17 years, from its products to the evolution of their look and feel. And today it is introducing another change.

The firm's blue, red, yellow and green logo has been tweaked to a new sans-serif typeface and has softened colors. Users who visited the search engine's homepage today were able to see a moving animation that explains the entire change of the logo.

PayPal, the American company handling worldwide online payments system, has recently launched a new service called PayPal.Me, which will allow users to set up their own, individual accounts and collect payments.

To avail the service, users have to create a link. Once link is created, users can send the link to other individuals or groups and request for funds. After the link is received, the value of the transaction is entered and the funds are transferred to the original user's PayPal account.

The service will allow links to be sent through multiple platforms, for example, instant message, social media, e-mail, and more – and will work on both desktop and mobile.

According to Fox2 News, a Wyandotte, Michigan, teenage girl pretended for several months that she was pregnant with triplets. The teen faked her pregnancy using ‘Fake a Baby’ products.

Jordan, 16, said he started thinking that his entire life will change after his 16-year-old girlfriend from Wyandotte told him that she was pregnant with triplets. He said in a statement that he was very excited after hearing the news, but he was scared too. He started hunting the best jobs, Jordan said.

The teenage girl spread the news about her pregnancy on Facebook and even joined a group called ‘moms of Triplets’. A church also got involved, a nonprofit group in Dearborn chipped in and relatives threw her a baby shower.

On Tuesday, Eric Rosengren, president of Boston Federal Reserve, said that the ongoing economic recovery from the 2008 financial crisis is not like other earlier recoveries. Rosengren said that it will need a ‘much more gradual’ normalization.

His comments showed that at least one member of the Federal Reserve System thinks that it is not going to be right for the central bank to raise its interest rate target from zero at the approaching September meeting.

Rosengren added, “The incoming data have not cooperated with the forecasts. But I think the US economy is strong enough, that the risk of foreign weakness tipping the US into a recession is a ‘relatively low-probability’ event”.