I read that here as well, it really sucks for Samsung, looks like market shares will be going downl:
Samsung stops all sales and exchanges of Galaxy Note 7 phones

We are working with relevant regulatory bodies to investigate the recently reported cases involving the Galaxy Note 7. Because consumers’ safety remains our top priority, Samsung will ask all carrier and retail partners globally to stop sales and exchanges of the Galaxy Note 7 while the investigation is taking place.
 
We remain committed to working diligently with appropriate regulatory authorities to take all necessary steps to resolve the situation. Consumers with either an original Galaxy Note 7 or replacement Galaxy Note 7 device should power down and stop using the device and take advantage of the remedies available.
Samsung has temporarily halted production of the Galaxy Note 7, according to Korea’s Yonhap News Agency, and US carriers have already stopped selling the replacement Galaxy Note 7s. While the [CPSC] investigation is underway, Verizon is suspending the exchange of replacement Note 7 smartphones,” a spokeswoman told our sister site PCMag in an emailed statement. “Any Verizon customer concerned about the safety of their replacement Note 7 can take it back to the original point of purchase to exchange it for another smartphone. Verizon online customers may also exchange their replacement Note 7 smartphones at Verizon stores.”

http://www.extremetech.com/mobile/237308-samsung-reportedly-suspends-galaxy-note-7-production-after-multiple-replacements-catch-fire

Note 7 is DEAD: http://www.theverge.com/2016/10/11/13202608/samsung-galaxy-note-7-discontinued
 

Hrrrm, wonder if in the fine print of the Note 7 is a disclaimer that indemnifies Samsung from class action suits? I think Samsung fanboys are going to take a bath on this one. 

I'm just curious whats causing the more than usual phones burning up.
This happens to all phones(htc, lg, nexus, iphones, etc) but not enough for anyone to notice or catch the news.
 
I had my S7, no problems here. Something like this wont turn me away from Samsung.

fearpoint
I've noticed significantly less iphone criticism lately. I guess it's hard to criticize when your foot is in your mouth.
 

iPhone and Samsung phones all stink, always have.
LG makes the best phones.
The new Google Pixel looks cool too.

Samsung should be fair now and to allow customers to replace Note 7 for some even better model.
I don't know what they can offer and how much cost Note 7 compare to other devices, but that would be fair and they will lost much less money if they replace to customers for some 100$ more expensive model. If they have something like that...
People who bought through official channels have no reason to afraid for their investments. 
I hate because now people who cursed Apple will start to talk From now only Apple, Never again Samsung, etc...
It's fact that Apple is better but this is accident. Apple start investigation of battery problem as well but I can bet that it's only campaign against them and they will not find any problem. 
Who knows how much will Samsung pay for people who lost house on Florida, one house there cost as small village on Balkan or in East Europe.
It's same for Samsung, like they burned small town in China or house on Key Biscayne.

I've had Excellent luck with my Note 5 and also my other Samsung products (TVs, fridge, range, microwave).  This doesn't deter me one bit from another Samsung phone (or Samsung product) in the future either.  Due to prices I generally like to buy a "last year" model phone at a steep discount - or a used one so by then issues are generally sorted out or well documented.  As stated earlier this can affect any and all brands with a lithium battery - but I'd assume that this is more obvious due to volume of units sold.
 
I think that Samsung tried to handle this the best they could with the recall - and ultimately a stop sale.  Had this been an Apple product there would have been denial for 4-6 months with a possible half-assed resolution.  Antennagate, Bendgate, Touch Disease, Crackgate, Slowgate, Yellowgate, Nvidiagate.  Samsung is so diversified and the GS series is still selling like crazy so I feel this will be a minor bump in the road for them in general.

I purchased the Note 5 just a couple of months ago, and love it.

iPhones are not for me. I bought an iPad just to talk to my girlfriend on FaceTime, and it is so bad that I can't stand it.... WiFi turns off after a few minutes of being on the lock screen... What is the point of that? Go ahead, tell me that isn't normal... Then explain why my old iPhone, all of my ipod, and my girlfriend iPad does the same thing. The iPhone would use cell signal until it was turned on, then it would connect to WiFi.

I had plans to get the note 7, but I am glad I picked the note 5 now, because I don't have to deal with the risk of burning my house down.

Samsung and Apple are both terrible companies that are just having a market share measuring contest, and neither deserve to be recognized as the best. I will look at LG and other brands next time.

I can't stand that feature... I need to know when I am getting a FaceTime message, and with a WiFi enabled (no cellular data) device, it is absurd that you can't receive a message or call without actively turning the screen on.

candle_86

Scarlet-Tech
I can't stand that feature... I need to know when I am getting a FaceTime message, and with a WiFi enabled (no cellular data) device, it is absurd that you can't receive a message or call without actively turning the screen on.

Makes zero sense, Cellular radio consumes more battery than the wifi radio, their logic is flawed 

It really is. Not to mention that cellular signal fluctuations cause the phone to search, when a WiFi signal is usually consistent for the most part.