10:08 ET -- Salesforce Inc. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce, according to people familiar with the matter, adding to the pressures facing the business-software provider. It has been a turbulent stretch for Salesforce. Earlier this month, the company said it was laying off 10% of its workforce and reducing its office space in certain markets. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

January 23, 2023 10:23 ET (15:23 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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