I don't detect any difference in meaning. I detect only a slight difference in style. To my ear the first example sounds casual, even slightly sloppy.
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The company ceased functioning after that terrible accident. (informal)
The company ceased to function after that terrible accident. (formal)
Do we agree, sir?
Tom
Mr. TomJust to make sure that I understand you thoroughly:The company ceased functioning after that terrible accident. (informal)
The company ceased to function after that terrible accident. (formal)
Do we agree, sir?
I just prefer the infinitive with cease. It's
https://forum.wordreference.com/threads/cease-to-worry-cease-worrying-gerund-infinitive.1483735/
https://www.usingenglish.com/forum/threads
https://www.usingenglish.com/forum/threads/266230-cease-Ving-to-V
Sometimes you can use either: 1. "The machine ceased functioning; or 2. The machine ceased to function."