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Inside the Mobile World Congress (MWC) pavilion in Barcelona, Spain during the dismantling of the stands following the cancellation of the fair due to the coronavirus crisis and company cancellations. Photo: David Zorrakino/Europa Press via Getty Images

With the cancellation of Mobile World Congress, many tech companies now have lots of products to announce and no physical place to do it. The result has been a flurry of press releases and webcasts designed to replace planned in-person gatherings. In the last 24 hours or so, Intel, Sony and Huawei have all announced new products and components.

Why it matters: The show was to have been a key launching point for a number of products, including several high-end 5G-capable phones.

Driving the news:

  • Huawei announced a new Mate XS foldable phone and a pair of new laptops. The laptops have Intel's chips, but the phones will have to do without the Play Store and other Google apps due to ongoing trade restrictions.
  • Intel announced new technology for use in building 5G networks.
  • Sony announced its first 5G phone, the Xperia 1 II, along with a mid-range device.

The big picture: A Barcelona launch wouldn't necessarily have dramatically changed the landscape for any of these devices. However, the conference cancellation did take away some momentum, and could be even more devastating for smaller companies that were counting on the event not only for press meetings, but also to secure distribution for their products.

Go deeper: Canceling Mobile World Congress leaves a giant hole

Go deeper

Biden's pick to lead major banking regulator drops out

Saule Omarova, nominee for Comptroller of the Currency, at a confirmation hearing on Nov. 18. Photo: Anna Moneymaker/Getty Images

President Biden's pick to head one of the country's most powerful banking regulators is dropping out of consideration for the post, according to a statement from Biden that accepted the withdrawal.

Why it matters: Saule Omarova, nominated to lead the Office of the Comptroller of the Currency, faced a tough path to confirmation — with opposition from Republicans and moderate Democrats.

Judge temporarily blocks Biden vaccine mandate for federal contractors

Photo: Chip Somodevilla via Getty Images

A federal judge on Tuesday temporarily blocked President Biden's vaccine mandate for federal contractors nationwide.

Why it matters: It's the latest setback in the Biden administration's rollout of COVID-19 vaccine requirements. Federal judges in two states temporarily barred the administration from enforcing mandates for millions of workers last week.

Biden threatens Putin

Photo: Kremlin Press Office/Handout/Anadolu Agency via Getty Images

In a video call that lasted for just over two hours on Tuesday, President Biden warned Russian President Vladimir Putin that if Russia invades Ukraine the U.S. will impose unprecedented sanctions and provide additional weaponry to the Ukrainians, national security adviser Jake Sullivan said.

Why it matters: Russia's military activity on the border with Ukraine has triggered alarms from the U.S. and its European allies of a potential large-scale Russian invasion in early 2022. Sullivan said Biden made clear to Putin that, "things we did not do in 2014, we are prepared to do now."