Marc Benioff, cofounder and CEO of Salesforce, attends a session at the Congress centre during the World Economic Forum in Davos, Switzerland, on January 17, 2023. Dan Loeb's hedge fund Third Point has built a position in Salesforce , expanding the group of activists circling the business software maker, CNBC has confirmed. The news comes two weeks after Salesforce said ValueAct Capital CEO Mason Morfit will join its board in March. Since, which joined the Dow Jones Industrial Average in 2020, has faced high-profile departures and slowing revenue growth of late and dealt with criticism for buying companies such as Slack and Tableau at high multiples. On Jan. 4, Salesforce shares rose more than 3% after the company announced a plan to cut 10% of employees.

---